Buying a home can be one of the most exciting times of your life... or it can be one of the biggest stressors! There is so much to know and understand, it's not just finding a pretty place to call home.  When you purchase a home there are fees involved. Yes, you will need a downpayment for your home but in addition to that, you will have Closing Cost . Closing Costs can vary in price depending upon the type of home your purchasing, the lender you're using, and the closing agent. For instance, if you are buying a condo your closing fees will probably be less than if you are buying a $700,000 home.  Let's get you prepared for your closing cost!  While FHA and VA loans still offer little to no money down, most potential homebuyers will need to save at least 5-20% of the home value. Yes, 5-20% of your home value will be your closing cost. Unfortunately, many first-time homebuyers are dismayed to learn that in addition to the large down payment, they also owe thousands of dollar