Home Loans
QHow Much Cash Will I Need To Purchase A Home?
AThe amount of cash that is necessary depends on a number of items. Generally speaking, though, you will need to supply: 1. Earnest Money - The deposit that is supplied when you make an offer on the house 2. Down Payment - A percentage of the cost of the home that is due at settlement 3. Closing Costs - Costs associated with processing paperwork to purchase or refinance a house