Is it factoring in property taxes and insurance?

They're getting to account for inflation and change in value over time right off the bat.

Housing is extra because unlike most purchases that depreciate, most real l real estate appreciates over time.

Doesn’t appear to be. The website is mortgagecalculator.org

Beware that mortgage rates are now closer to 7% or higher, not 5%.

No, you aren’t missing anything. And that amount doesn’t include insurance or taxes (or utilities … or maintenance …).

Right, I am not planning on buying with the rates as they are. And I know, like wut

Interesting and disturbing