House payments have a few parts referred to as your total housing obligation. There are three, and sometimes four factors to a monthly house payment. Your homeowners insurance, property taxes, and a mortgage insurance premium, sometimes referred to as a guarantee for VA loans, USDA loans or PMI, private mortgage insurance. Also, different neighborhoods have different property taxes. So qualifying for a mortgage is dependent on your ability to repay the loan. Your monthly payment varies based on a few factors, so not all homes priced at the same amount have the same monthly payment. Get educated. Be smart when buying a home. Ask us how.