Congratulations! After weeks or months of research and shopping, you’ve finally found the perfect home and are ready to buy it! Here’s everything you need to know about the fees you’ll have to pay at the closing of your sale. These are called Closing Costs and you should put aside 2-5% of the moan amount to account for them.

HINT: It’s best to pay your closing costs out of pocket in order to avoid paying large interest amounts on them.

But, what are they, really?

Closing Costs To Look Out For

Finally, you want to double check that you have all the necessary documents, including a Loan Estimate and Closing Disclosure. Click on the button to read more about these and other costs that might turn up!