What Do You Pay When Buying A House Apr 2026

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.

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

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 The financial journey begins as soon as your

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