HOOK
Thinking you only need a down payment to buy a home? That’s one of the fastest ways to blow your budget.
[Show a price tag next to a house icon, then reveal extra receipts underneath]
KEY POINT 1
First, there are closing costs. In many deals, buyers pay lender fees, title fees, appraisal costs, and more. A good rule is to expect several thousand dollars on top of your down payment.
[On-screen: “Closing costs = extra cash at closing”]
KEY POINT 2
Second, don’t forget move-in expenses. Even if the house is move-in ready, you’ll probably need cash for utilities, basic furniture, cleaning, and small fixes the first week you live there.
[B-roll of moving boxes, utility setup, paint supplies]
KEY POINT 3
Third, plan for repairs and maintenance. Once you own the home, the landlord is gone. A leaking faucet, a broken appliance, or a surprise roof issue becomes your problem fast.
[B-roll of wrench, dripping sink, HVAC filter, roof shingles]
KEY POINT 4
Finally, look at your monthly payment as more than just principal and interest. Property taxes, homeowners insurance, and possibly HOA dues can change what “affordable” really means.
[Split screen of mortgage, taxes, insurance, HOA line items]
CTA
If you’re shopping for a home, build a full budget before you make an offer. Want a simple checklist for first-time buyers? Follow for more practical real estate tips.
[Text on screen: “Budget before you buy”]
