The Real Cost of Buying a House


This is it. You’re getting a place to call your own. You’ve been pre-approved, so you know what price range to consider. You’ve met with a banker, so you have an idea of what monthly mortgage payments will look like. You’ve budgeted for regular expenses such as home inspections, appraisals and closing costs. But what about those first few (pricey) grocery store runs? Or the initial trips to the hardware store? Have you considered what a new couch might cost? 

No need to panic. We’re here to help. We’ve compiled a list of common expenses for new homeowners to make note of before the big move. Because we’ve been there, and it’s better to plan ahead.

Moving costs.

You bought a house. Congrats! Now, it’s time to move your entire life from point A to point B. No worries, you’ll hire a moving company. Or maybe you decide to DIY it and get a nice workout in. Either way, plan to spend a little money renting a truck or paying a professional.


All of your stuff is now in your new house. So why does it still seem empty? If you’re moving from an apartment to a house, or a smaller house to a bigger one, you’re going to need more furniture to fill the rooms you didn’t have before. Factor in the cost of items like a new bed, couch, dining room table, side tables, coffee tables, nightstand and so on. You don’t have to buy it all at once, but somewhere down the road you’ll want to make your new house truly yours. And that requires a little extra sitting space.

The fun stuff.

What’s a couch without throw pillows? Or a living room without curtains? There are so many fun details to make your new house as cozy and inviting as the ones you see on home decor websites. Plan ahead so you know exactly how much you have available to spend.

The necessary stuff.

All that moving can bring in dust and dirt to your brand new house. Make sure you’re well-equipped for cleanup. You’ll most likely end up taking a couple trips to the mall for things like cleaning supplies, vacuums, mops, clear bins for storage and so on. You might also need tools you don’t currently have for quick fixes around your new space.

Chances are, you’ll be so excited to move in that you won’t notice the extra expenses. That’s why it’s important to budget ahead of time, so you’re financially and mentally prepared. To see what other costs or fees to anticipate, ask your mortgage banker about what to expect when you’re expecting (to buy a house). Make an appointment with one of our NBC mortgage bankers today.

We’re here for all your mortgage questions.

Want to learn more about mortgages? National Bank of Commerce makes it easy to start the process online or in person.

1. Call or visit a branch near you

2. Send us a message online

3. Meet with a Mortgage Banker to get pre-approved.

4. Apply Online.