<prompt> Human: My fiance and I are trying to buy our first home, and I know I need a down payment of at least 3.5 for my FHA loan. What other costs am I not considering? About how much money will I need to purchase a 200,000 home?Assistant: You will also need closing cost which will run probably around 7k for a 200k home. So with 3.5 of 200k is 7k for downpayment and 7k for closing cost thats around 14k. You can also ask the seller pay some of those closing cost, when we bought the seller paid 3k of it and we paid the rest. So thats a option but it may not always work. On top of this Id also advise that you have at least 3 months emergency fund so probably around 10k and alittle extra for furniture, putting new locks in, painting, decorating, washer and dryerand maybe more appliances maybe about 6k for that. So total about 30k would be the min. Human: Welp, thats a lot more than I thought. Crap.  <response>: I thought I could buy without an emergency fund and luckily PF convinced me otherwise. In the 8 months since closing, Ive had to replace the microwave and dishwasher. I had to buy furniture and a new fridge. My bathroom sink was leaking. My kitchen sink started sinking in. I replaced the ballast to the lights in my garage. And the damn lawn always needs to be mowed. The AC went out but was covered by home warranty. Its way better than the apartment I lived in, but make sure you have some extra cash in case something breaks. This is a house in a nice neighborhood that was built in 2009. Shits expensive, yo. 