EXPECTED COSTS WHEN BUYING A HOME

Earnest Money - varies however, typically around 1% of purchase price. To be applied towards your closing costs.

$600,000 Property = $6,000

Down Payment - typically between 3.5% - 20% based off loan type & purchase price.

$600,000 Property = $120,000

Home Inspection - depends on a few factors such as the age of the home, the square footage, the systems that are in the home and additional services that you might want to add, Avg. $400- $600

Closing Costs - Overall, homebuyers should expect to spend about two percent of their home's purchase price on closing costs.

$600,000 Property = $6,000 - $12,000

Appraisal - The appraisal can cost between $500-$1,000