When planning on buying a new home, most buyers want to know what their costs will be in obtaining a mortgage, what type of inspection costs can they expect, and explanation of the various closing costs on the settlement statement. All these figures help buyers determine how much of home they can afford.
In addition to pre-closing costs, there are always additional expenses buyers face once they move into their new home. THe following infographic provides a snapshot of the most common expenses new home buyers face.