"Homeownership costs" are the expenses and payments required when you own a house. These can include mortgage payments, property taxes, insurance, maintenance, and utilities. Full definition
A mortgage payment is just a part of overall homeownership costs. (themortgagereports.com)
Start saving for your down payment and other homeownership costs as soon as you can. (blog.myhtr.com)
To avoid this, have a thorough understanding of all of the relevant homeownership costs, e.g. personal expenses, car payments and credit cards. (nuwireinvestor.com)