Some of these costs represent an ongoing monthly or yearly commitment. Others are one – time fixed payments. Not all extra costs will apply in every situation, but knowledge is power. It’s better to be aware of all possible extra charges ahead of time so you can budget properly.

Buying a home is a major milestone. Whether it’s your first, second or storm home, a certain measure of stress, excitement, and a boatload of details come with the territory, so the last thing you need are unbudgeted fi...