: Budget 1% to 4% of your home’s total value annually for repairs and upkeep. For a $400,000 home, that is $4,000 to $16,000 per year .
: Lenders often recommend keeping 3 to 6 months of housing payments in reserve after closing ($7,500–$15,000) to handle sudden failures like a burst pipe or broken HVAC. Strategic Savings Tips Upfront costs of buying a home | What you need to save for how much does it actually cost to buy a house
: Includes origination (0.5%–1% of loan), underwriting ($300–$900), and credit reports (~$35). : Budget 1% to 4% of your home’s