If you're preparing to buy a home soon, keep these in mind. The larger your down payment can be, the lower your monthly payment will be. Putting at least 20% down will also help you avoid paying even more each month for private mortgage insurance (PMI). If you're a first-time homebuyer, 5-10% for a down payment is fine, just do NOT go any lower than 5%. (Yep, that means steering clear of 0% down loans.) Closing costs usually include home inspection, appraisal, origination fees, title insurance, homeowners insurance, and taxes. All together, plan to pay about 3 to 4% of the home's sale price for these fees and services. Moving expenses can vary based on how you plan your move, and how far you're going. These should add up to less than 1% of the home price. As you get closer to being ready to buy, get a trusted real estate agent on your side. My team recommends top agents all around the country who will make it their mission to help you find a home while keeping your other financi...