Gail Henkin Realtor

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TheLacyRushin-DFW Realtor on TikTok Please leave! We’ve got it covered, I promise!

Looking to buy, sell, rent almost anywhere we have an office please contact me. I might be able to save you some money.

Saving for a House? Plan for More than Just the Down Payment.

For most people, buying a house starts with one question: “How much cash do I need to get in the door?” Here’s a look at the expenses you’ll need to plan for as you save for your dream home:

Down payment
Depending on your mortgage type, your down payment could cost anywhere from 3.5% to 20% of the home’s sales price.

Closing costs
As a buyer, you can expect to pay around 4% of the sale price in closing costs, due when you sign the final paperwork.

Fees
Don’t forget the additional fees related to inspections, appraisals, and loan paperwork processing. These may be due before or at closing.

Moving expenses
Even a short-distance move can cost money, especially if you hire a moving company. Moving long-distance often costs thousands of dollars, so be sure to include this expense in your savings plan.1

Thinking of selling? Ask me how I can put more money in your pocket?