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Updated about 10 years ago on . Most recent reply
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Costs to expect on my first payment via a conventional mortgage
Hey everyone, in your experience, how much in costs do you expect to see in getting a brand new or fairly new place that doesn't require repairs? $2,000? $5,000? $7,500? I want to make sure I get enough money saved up outside of just the down payment. Also how often do you just roll up these costs into the mortgage?
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It REALLY depends on you! We are a DINK couple who has large income low expenses and lots of credit card room. So for us I am willing to "wing it for a few months" after every purchases were are very low on funds. We have done okay but again it works for our situation.