09/16/2026
So... what does it actually cost to buy a $380,000 home? 🏡
Let's break it down 👇
💰 Down Payment
20% down: $76,000
5% down (conventional): $19,000
3.5% down (FHA): $13,300
📋 Closing Costs
Typically 2–5% of your loan amount, so somewhere between $7,600–$18,000, depending on your loan type and lender.
🏠 Estimated Monthly Payment
(principal, interest, taxes & insurance; rates and taxes vary!)
With 5% down, you're looking at roughly $2,600–$2,900/month depending on your rate.
✨ The takeaway:
You don't need 20% down to buy a home; there are more paths to the keys than people think.
Want your real numbers? That's what I'm here for. Send me a DM and let's run them together.
