Are you in the market for a new home but do not know how much money you will need for additional expenses? Well like most, this whole process might make you feel overwhelmed, but if you have everything planned out and budgeted for, you should be just fine. Here are all the expenses you can expect to pay for when buying a home or condo. 

Down Payment: First, your largest upfront cost will be your down payment. The typical down payment ranges from 3% to 20% of the purchase price depending on the type of mortgage you qualify for and your financial situation.

Closing Cost: These usually include various fees associated with finalizing the transaction. Closing cost typically range from 2% to 5% of the home’s purchase price and may include fees for loan…

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