Couple of first time homebuyers sitting on the floor of their new home, with closing costs calculated into their budget

First Time Homebuyers: Plan Ahead for Closing Costs

Matthew Jackson First Time Home Buyers

If you’re buying your first home, all of the various expenses rolled into the term ‘closing costs’ can seem overwhelming. Closing costs include all legal and administrative expenses you’ll be responsible for paying on or near your home’s closing date. It’s important to include these costs in your budget because, in most cases, they can’t be rolled into your mortgage …