Oo the day when a home becomes yours officially,known as closing day, you will pay out more than just the price of the house. > loan origination fees ( points) and other charges. .Average 2-4% of the home price > ESCROW fees .Average several hundreds to a thousand dollars >Homeowners …

Deciding whether to buy. With 4% inflation per year, if your rent costs $1000 a month in 40 years it will balloon to $4800 per month. That’s like buying a house for $960 000. although the cost of purchasing a home generally increases over the years,after you purchase a home, …