what expenses do you need to budget for if you choose to rent a home? check all that apply.\n□ a mortgage…

what expenses do you need to budget for if you choose to rent a home? check all that apply.\n□ a mortgage payment\n□ a rent payment\n□ homeowners insurance\n□ renters insurance\n□ property taxes\n□ a security deposit\n□ utility payments

what expenses do you need to budget for if you choose to rent a home? check all that apply.\n□ a mortgage payment\n□ a rent payment\n□ homeowners insurance\n□ renters insurance\n□ property taxes\n□ a security deposit\n□ utility payments

Answer

Answer:

B. a rent payment, D. renters insurance, F. a security deposit, G. utility payments

Brief Explanations:

When renting a home, a mortgage payment is for home - owners, not renters. Homeowners insurance is for homeowners. Renters need to budget for rent, renters insurance (to protect their belongings), a security deposit (usually paid upfront and refundable under certain conditions), and utility payments for services like electricity, water etc.