Closing Costs vs Down Payment for First Time Home Buyer | CLOSING COSTS ON BUYING A HOUSE

The goal of today's video is to clarify closing costs vs down payment. You will learn the difference between closing cost and down payment, how to calculate closing costs and I will share some ways you can get your closing costs covered so that you can buy a house with less money out of your pocket! 0:00 Introduction 0:39 What is Down Payment? 2:08 What is Closing Cost? 2:47 What is the difference between Closing Cost and Down Payment? 4:07 How to calculate Closing Cost 6:07 How to save on Closing Cost 8:26 Summary Plan your move by contacting Nicole: Contact Form: https://narkhomes.com/contact/ [email protected] 501-200-3026 View Central Arkansas Homes: https://narkhomes.com View NW Arkansas Homes: https://nicole.pixelproperties.com Down Payment Assistance Programs by State: https://www.hud.gov/topics/rental_assistance/local Follow my journey as a Little Rock Realtor here: https://www.instagram.com/nicolenark/ --- Looking to Buy or Sell a home in Arkansas? Check out: My First Time Home Buyer Guide: https://narkhomes.com/arkansas-first-time-home-buyer Search Little Rock Homes For Sale : https://narkhomes.com/little-rock-homes-for-sale/ Get a Free Home Valuation: https://listings.narkhomes.com/idx/homevaluation --- Hi, I’m Nicole Nark, a full-time Realtor® at HomeWay Realty Realty in Little Rock. I came to Little Rock with the love of my life, I am a proud Mom of two furbabies (Mini Schnauzer Mix and German Shepard), a Graduate of Communications from the University of Arkansas-Fayetteville and Honor Graduate of Arkansas Real Estate School in Little Rock. I believe that home ownership lays the foundation for a life of financial security and freedom. From building equity in a home, to the tax benefits it provides, buying a home is the most important financial decision most people make during their life. For this reason it is important to work with a professional who is committed to act as an advocate for you and your best interests. Learn more about me and the services I provide here: https://narkhomes.com/little-rock-real-estate-agent-specialist/ -- Follow Me Online Here: Facebook: https://www.facebook.com/NicoleNarkRealtor/ Instagram: https://www.instagram.com/nicolenark/ LinkedIn: https://www.linkedin.com/in/nicolenark/ Active Rain: https://activerain.com/profile/nicolenark Twitter: https://twitter.com/narkhomes Realtor.com: https://www.realtor.com/realestateagents/nicole-nark_little-rock__3712168_526619178 My Website: https://narkhomes.com/