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The Smiley Team

Upfront costs to your new home sweet home?

Posted on September 28, 2023April 14, 2025 By Smiley No Comments on Upfront costs to your new home sweet home?

Upfront cost estimates on a $3ooK home

Upfront Costs: Out-of-pocket cost

-Down Payment 

-Closing Costs

-Moving Costs (Utility Transfers, Moving Trucks, ETC…) 

Down Payment

Down Payment all depends on the Type of Loan you use (Based on Primary Residence and not Investment)  

FHA Loan: 3.5% down which would equal $10,500 on $300,000

Conventional Loan: 5 to 10% down usually

Rural Development is also an option in certain areas, which is a zero down payment option (a little higher to get at this price point) 

Closing Costs

Closing Costs on average 2-5% of the Home Purchase Price: 

Middle Ground is let’s say 3.5% so about $10,500. 

Contact Me

There are so many options to help you get into a new home. Reach out to be and we can discuss you new home and upfront costs. I would love to help you. 

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