10/23/2026
Two to five percent of the purchase price is the range most buyers should be setting aside for closing.
That covers the lender's fees, title and escrow, and the taxes and insurance collected in advance, and the part people miss is that it sits on top of your down payment rather than coming out of it.
Ask your lender for an estimate early, and ask me for a free copy of my buyer guide.
https://cindylowman.book.live/first-time-buyer-book