Answer: c. property taxes
Besides the actual mortgage payment, as a renter, paying property taxes is your responsibility, and it comes in as a part of the monthly payments. The property taxes help protect the homeowner’s interest in the property. A renter does not have to pay monthly for the cost of repairs around the house, as that is the responsibility of the homeowner. In the same way, the down payment is not included in the monthly mortgage payment. Renters insurance is optional and saves the homeowner the cost of replacing damaged household items when you leave.