10/13/2026
Buying a home? These three costs can sound similar, but they each serve a different purpose. 🏡
Earnest money shows the seller you’re serious, your down payment goes toward the purchase price, and closing costs cover the fees involved in completing the transaction.
The good news? Earnest money is usually credited toward your down payment or closing costs at closing—it generally isn’t an extra charge on top of both.
Knowing what to expect makes planning easier. Have questions about where to start? Send me a message!