Are you buying a house? This is the minimum amount you need to have saved.

Buying a house: The list of initial expenses is long and some are mandatory.

In addition to the price of the property, there are several expenses associated with the acquisition process, especially if you resort to housing credit.  

More than 61,000 euros in initial costs: The practical example

According to DECO PROTeste, the amount to save for buying a house can be surprising, and many of these expenses are inevitable.

If you intend to purchase a property worth 250 thousand euros and obtain financing of 80% of the value through a home loan, you should prepare for a minimum initial charge of 61,690.08 euros, distributed as follows:

• Initial commissions (banking): between 543 € and 1,338.48 €

• Signal (delivered in CPCV): €25,000

• IMT and Stamp Duty: €9,247.08

• Writing (via Casa Pronta): around €700

• Stamp duty on financing: €1,200

• Remaining unpaid amount: 25,000 euros

"The list is long, but those who buy a house cannot escape most of these expenses, especially if they cannot avoid the hiring of a mortgage," warns DECO PROTeste.

But note that there are banks that finance up to 90% of the property value and it is important to seek help to find the best proposal on the market for you. Need help with this? With Poupança no Minuto, we find the best proposal for you, without you having to worry about anything! Our credit intermediaries handle the entire process for you at no cost. Simulate now: https://www.poupancanominuto.com/artigos/credito-habitacao/financiamento-a-100-no-credito-habitacao-e-possivel