Though a down payment is usually the biggest out-of-pocket expense first-time home buyers can expect to pay, there are other costs to plan for, like:
Closing costs to process your mortgage (including origination, title and appraisal fees), approximately 2 – 5% of the value of your loan
Cash reserves to satisfy lending requirements (if applicable), typically up to six months of mortgage payments
Miscellaneous moving costs including any new furnishings or necessary repairs