The amount of money you would have made by investing all costs. For example, if you buy a house, you will make a down payment, but if you rent an apartment, you can invest that money in stocks/bonds.

Your annual state and local income taxes, or state and local sales taxes, whichever is higher. This impacts the amount of property tax you can deduct.

The amount of tax deductions you could take if you did not use the standard deduction. Outside of home ownership, this is low for most people.

The costs for upkeep and repairs that homeowners will incur.

Annual taxes that homeowners must pay based on the assessed value of their property.

The expected, annual increase in the home's value over time. This is used to calculate the future selling price.

These are the fees paid buy the buyer at the closing of a real estate transaction.

These are the fees paid buy the seller at the closing of a real estate transaction.