Fees from the lender to process the loan .
Expenses for hiring movers, renting a truck, or purchasing packing supplies (can be $500–$3,000+) . what are the costs of buying a home
Legal fees for closing, required in some areas . Fees from the lender to process the loan
These are fees for finalizing the mortgage and transferring ownership, usually running 2%–6% of the loan amount, notes Rocket Mortgage . They include: renting a truck
A common rule of thumb is to budget 1%–4% of the home's value annually for repairs, says Hometap . 3. Hidden or "Surprise" Costs
//www.leaderbank.com/blog/costs-buying-home-explained-what-first-time-buyers-need-know">2025 and 2026 data : 1. Upfront Costs (Before or at Closing)