Expense List for Buying a Home
There are many expenses that come with buying a home. The following list is a good example of what to expect:

Down payment - A minimum of 20% of the home's purchase price is usually required for the best loan terms and to avoid paying private mortgage insurance (see below), but it's entirely possible to buy a house with a smaller down payment.

Monthly mortgage payments - Include loan principal, interest, and sometimes additional charges for taxes and insurance.

Property taxes - Amounts vary, but the average is around 1.5% to 2% of a home's purchase price.

Paid in advance of closing:

* Earnest Money (Applied Toward Purchase Price)
* Home Inspection
* Lender's Application Fee
* First Year's Homeowner's (Fire) Insurance Policy

Paid at closing:

* Balance of Down Payment (Applied Toward Purchase Price)
* Title and Recording Fees (In Addition to What is Paid by Seller)
* Attorney Fee (If Applicable)
* Lender's Charges, Some of Which May Include:
o Point(s) (1 Point is 1% of Mortgage Amount)
o Service Charge
o Origination Fee
o Interest (From Closing Date to End of Month)
o Private Mortgage Insurance (Not Included in Mortgage Rate)
o Misc. Lender Charges (Varies With Lender)

Whenever you are buying a home you will have to keep in mind the cost of moving expenses. These can include, but are not limited to, buying packing materials such as boxes, tape, bubble wrap for fragile items, moving truck, movers (if needed), cleaning of previous residence, and gas to fill up the moving truck. Depending on how far away you are moving and how much you have to move, this can get quite costly and needs to be properly planned for.