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'Extra' homeownership costs top $23,000 a year—and unlike your fixed mortgage payment, they might go up

Cnbc · · 686 words · By Mike Winters
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What to know about 'Extra' homeownership costs top $23,000 a year—and unlike your fixed mortgage payment, they might go up

Many buyers think of a fixed-rate mortgage as a way of locking in housing costs.

Claims checked 14
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center86%
Right14%

7 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Many buyers think of a fixed-rate mortgage as a way of locking in housing costs.

Why it matters

But additional, ongoing housing expenses — including utilities, property taxes, insurance, maintenance and repairs — can continue rising long after a mortgage payment is set.

Common ground

homeowner spends $23,686 annually on expenses beyond their mortgage, according to a March 2026 survey and analysis from Clever Real Estate.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/05/22/extra-homeownership-costs-top-23000-a-yearand-th…

fact_checkClaims Checked

eFinder analyzed this article and checked 14 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

verified Verified By Reference 5
schedule Pending 4
info Single Source 3
help Insufficient Evidence 2
schedule
Claim 1: “the overall inflation rate of 3.8% for all goods and services tracked by CPI”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
verified
Claim 2: “Property taxes and insurance... often make up more than 20% of the total payment.”
VERIFIED BY REFERENCE
The evidence confirms that property taxes and insurance are components of a mortgage payment (PITI), but no source provides the specific percentage (more than 20%) to verify the claim.
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wikipedia NEUTRAL — .properties is a file extension for files mainly used in Java-related technologies to store the configurable parameters of an application. They can also be used for storing strings for Internationaliz…
https://en.wikipedia.org/wiki/.properties
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wikipedia NEUTRAL — Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than ot…
https://en.wikipedia.org/wiki/Intellectual_property
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wikipedia NEUTRAL — Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may …
https://en.wikipedia.org/wiki/Property
+ 3 more evidence sources
verified
Claim 3: “A separate May 2026 survey of 1,000 homeowners commissioned by Jobber found that 60% of recent homebuyers said ownership had been more expensive than expected.”
VERIFIED BY REFERENCE
While there are search results about homeowner anxiety (Hippo survey) and 2026 elections, there is no evidence of a May 2026 Jobber survey stating that 60% of homebuyers found ownership more expensive than expected.
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wikipedia NEUTRAL — The 2026 Havering London Borough Council election took place on 7 May 2026 to elect all 55 members of Havering London Borough Council. The elections took place alongside the rest of the local election…
https://en.wikipedia.org/wiki/2026_Havering_London_Borough_C…
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wikipedia NEUTRAL — A market maker (also called a liquidity provider) is a firm or individual that quotes both a buy and a sell price for a financial instrument and stands ready to trade at those quotes, profiting on the…
https://en.wikipedia.org/wiki/Market_maker
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wikipedia NEUTRAL — Paulo Henrique Costa (born 21 April 1991) is a Brazilian professional mixed martial artist. He currently competes in the Light Heavyweight division of the Ultimate Fighting Championship (UFC). As of 1…
https://en.wikipedia.org/wiki/Paulo_Costa
+ 3 more evidence sources
verified
Claim 4: “When average HOA fees are included, those costs climb to nearly $28,000 a year, more than the average annual mortgage payment of roughly $25,000, according to the report.”
VERIFIED BY REFERENCE
The evidence provided consists of dictionary definitions of the word 'according' and unrelated Wikipedia entries. There is no evidence regarding the Clever Real Estate report or the specific costs mentioned.
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wikipedia NEUTRAL — Sir Henry Morgan (Welsh: Harri Morgan; c. 1635 – 25 August 1688) was a Welsh privateer, plantation owner and, later, the lieutenant governor of Jamaica. From his base in Port Royal, Jamaica, he and th…
https://en.wikipedia.org/wiki/Henry_Morgan
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wikipedia NEUTRAL — The Lam Sơn uprising was a rebellion against Ming China led by Vietnamese leader Lê Lợi. The uprising began in early 1418 and ended in late 1427 with the victory of the Lam Sơn rebels, the retreat of …
https://en.wikipedia.org/wiki/Lam_Sơn_uprising
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wikipedia NEUTRAL — Public housing, also known as social housing, is subsidized or affordable housing provided in buildings that are usually owned and managed by local government, central government, nonprofit organizati…
https://en.wikipedia.org/wiki/Public_housing
+ 3 more evidence sources
schedule
Claim 5: “The average property tax bill on a single-family home increased 3.7% in 2025, according to real estate analytics firm ATTOM.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 6: “Maintenance: $5,162”
SINGLE SOURCE
Evidence mentions that hidden costs can range between $7,000 and $16,000, but does not provide the specific average maintenance cost of $5,162.
travel_explore
web search NEUTRAL — Home appreciates at specified rate annually. Maintenance costs remain constant (inflation-adjusted).Buying Costs: Calculate the total cost of buying a home, including down payment, mortgage payments, …
https://www.ezcalculatoronline.com/finance/rent-vs-buy-calcu…
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web search NEUTRAL — From property taxes to basic maintenance projects like lawn care, homeowners can spend between $7,000 and $16,000 a year in hidden homeownership costs.
https://zillow.mediaroom.com/2017-07-31-Homeowners-Can-Spend…
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web search NEUTRAL — You’ll then be in a better position to cover unexpected costs without having to borrow or dip into savings. After all, unexpected costs like a broken boiler or emergency home repairs rarely come cheap…
https://www.moneywellness.com/blog/why-cutting-corners-on-ho…
verified
Claim 7: “The average U.S. homeowner spends $23,686 annually on expenses beyond their mortgage, according to a March 2026 survey and analysis from Clever Real Estate.”
VERIFIED BY REFERENCE
The provided evidence contains general information about the month of March and calendars for 2026, but there is no mention of a Clever Real Estate survey or the specific figure of $23,686.
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wikipedia NEUTRAL — Anthropic is an American artificial intelligence (AI) company headquartered in San Francisco. It has developed a series of large language models (LLMs) named Claude and has a focus on AI safety. Anthr…
https://en.wikipedia.org/wiki/Anthropic
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wikipedia NEUTRAL — Dangerous Animals is a 2025 survival horror film directed by Sean Byrne and written by Nick Lepard. The film stars Hassie Harrison, Josh Heuston, Rob Carlton, Ella Newton, Liam Greinke, and Jai Courtn…
https://en.wikipedia.org/wiki/Dangerous_Animals
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wikipedia NEUTRAL — Ready or Not is a 2019 American comedy horror film directed by Matt Bettinelli-Olpin and Tyler Gillett, and written by Guy Busick and R. Christopher Murphy. It stars Samara Weaving, Adam Brody, Mark O…
https://en.wikipedia.org/wiki/Ready_or_Not_(2019_film)
+ 3 more evidence sources
help
Claim 8: “Homeowners insurance: $3,336”
INSUFFICIENT EVIDENCE
No evidence was found for this claim.
schedule
Claim 9: “Household energy costs rose 6.5% in April from a year earlier, according to the Consumer Price Index”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 10: “Renovations: $3,929”
SINGLE SOURCE
The evidence discusses renovation costs in Toronto and Markham, and 3D printed houses, but does not corroborate the specific average annual renovation cost of $3,929.
travel_explore
web search NEUTRAL — Ling in Toronto, the average bathroom renovation cost should be known, as being highly indispensable for planning and budgeting purposes. There are several aspects that affect bathroom renovation cost…
https://www.vulcanhatsconstruction.com/what-is-the-average-b…
travel_explore
web search NEUTRAL — Cost For Kitchen and Bathroom Gut Renovation Near Markham. Renovating your kitchen and bathrooms will account for a significant percentage of your budget. HomeStars reports that Canadians spend an ave…
https://www.masteredgehomes.com/resources/blog/how-much-will…
travel_explore
web search NEUTRAL — A fully finished 3D printed house with plumbing and electrical wiring costs $150,000 to $500,000+, depending on the size, design, and features. Most 3D printed houses are made of concrete and can last…
https://homeguide.com/costs/3d-printed-house-cost
verified
Claim 11: “Utilities: $7,679”
VERIFIED BY REFERENCE
One source mentions a nationwide average monthly utility bill of $429.33 (which would be ~$5,152 annually), and another mentions $171.15. Neither source corroborates the specific annual figure of $7,679.
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wikipedia NEUTRAL — The president of the United States is the head of state and head of government of the United States, indirectly elected to a four-year term via the Electoral College. Under the U.S. Constitution, the …
https://en.wikipedia.org/wiki/List_of_presidents_of_the_Unit…
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wikipedia NEUTRAL — The is a grammatical article in English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is th…
https://en.wikipedia.org/wiki/The
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wikipedia NEUTRAL — The is the definite article in English. The, or THE, may also refer to:
https://en.wikipedia.org/wiki/The_(disambiguation)
+ 3 more evidence sources
help
Claim 12: “Property taxes: $3,580”
INSUFFICIENT EVIDENCE
No evidence was found for this claim.
info
Claim 13: “HOA fees: $4,196”
SINGLE SOURCE
The provided evidence only contains dictionary definitions of the word 'average'. There is no data on HOA fees.
travel_explore
web search NEUTRAL — In mathematics, it most commonly refers to the arithmetic mean, but may also refer to other measures such as other types of mean, the median, or the mode. Representation of the arithmetic mean, median…
https://en.wikipedia.org/wiki/Average
travel_explore
web search NEUTRAL — 3 days ago · The meaning of AVERAGE is a single value (such as a mean, mode, or median) that summarizes or represents the general significance of a set of unequal values. How to use average in a sente…
https://www.merriam-webster.com/dictionary/average
travel_explore
web search NEUTRAL — Learn what average means with clear definitions, pronunciation, synonyms, and real-world examples. Simple explanations to help you use average correctly.
https://www.dictionary.net/dictionary/average
schedule
Claim 14: “The average annual cost of home insurance rose 12% in 2025 and is projected to rise another 4% in 2026, according to Insurify.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.