What Do You Pay When Buying A House Apr 2026

When it’s time to finalize the deal, you don't just pay the down payment (which can range from depending on your loan). You also face closing costs , which typically run 2% to 6% of the loan amount. These costs are a bundle of several smaller fees: All in Costs of Buying and Selling a Home | Hometap

Next come the inspections. You’ll pay out-of-pocket—usually —for a general home inspection. Depending on the property, you might also pay for specialized checks like termite, radon, or sewer inspections, which can add hundreds more. The Big Day: Closing Costs what do you pay when buying a house

The financial journey begins as soon as your offer is accepted. You’ll need "earnest money," typically of the purchase price, to prove you’re a serious buyer. This is held in escrow and later applied toward your down payment. When it’s time to finalize the deal, you

Buying a house often feels like a single big purchase, but it is actually a series of payments that start long before you get the keys and continue long after you move in. The Upfront Handshake: Before You Close You’ll need "earnest money," typically of the purchase