• Traditional housingvictorian homes image by Andrew Kazmierski from Fotolia.com
  
  Being a home owner is a dream that most people have, but for some it can be a difficult dream to achieve. There are many cheap housing alternatives that you can choose that can be equally satisfying.
  
  

House Boats

• Houseboathouseboat reflection image by Neelrad from Fotolia.com
  
  In order to get a loan for a house boat you will be required to put down at least 20 percent with a 10- to 15-year term. The interest you pay on the houseboat is tax-deductible if your boat has a kitchen (galley) or a restroom (head). You will need to cover the cost of a slip rental so you have a place to keep your home. Prices for slips vary greatly raining from a simple slip at $300 all the way up to $1000 or more for marina slips. The price is mainly calculated by the size of the houseboat as well as how many people are living on it.
  
  

RV Living

• RV Livingrving, image by Greg Pickens from Fotolia.com
  
  RV living allows you to take your home with you no matter where you go. Some people like to have a home base in a camp ground or an RV park. When considering the cost of RV living don't forget to include such things as fuel, insurance, lot rent as well as the payment on the RV itself. You also need to factor in the cost of the vehicle to pull the RV if you have a pull-behind type. Loans for an RV are generally for a maximum of 10 years and also require a 20 percent down payment.
  
  

Manufactured Homes

• Manufactured Homeyellow home image by AGITA LEIMANE from Fotolia.com
  
  Since the cost of a manufactured home is much lower, your monthly payments will be lower and you can pay the loan off faster. You will need to factor in lot rent if you do not own your own lot. Even if you have to combine lot rent with the home payment, it will most likely be under $1000 which is much easier to handle then a traditional house payment. Many of the manufactured home communities offer some utilities included in the lot rent which can also save you a great deal.