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Updated about 10 years ago on . Most recent reply

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?
Most Popular Reply

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.