Are you forgetting the costs that come with buying a home?

There’s a dizzying array of associated costs that come with buying a home, including taxes, legal fees, adjustments and others that depend on both your location and the terms of your lender. When you’re crunching the numbers, it’s easy to forget some of the more basic things you’ll need to shell out for. Here’s a reminder of expenses you should add to your tally.

MOVING COSTS

Amid all the excitement of purchasing a home, it can be easy to lose sight of the fact that you’ll need to actually move your possessions into your new residence. The cost of hiring movers should be part of your budget.

UTILITIES

If you’re moving from a one-bedroom apartment into a three-bedroom bungalow, it can be quite shocking to realize how much more you’ll need to pay to heat, cool and power your home. Do a bit of homework to determine these expenses and plan accordingly.

INSURANCE

Home insurance is a must, and depending on where you live you may also need to pay for supplemental insurance.

FURNITURE AND APPLIANCES

While appliances are often included with the purchase of a home, this isn’t always the case. Adjust your budget to purchase them — and any furniture — if needed.

REPAIRS AND TOUCH UPS

Minor repairs may be necessary during your first year as a homeowner and should be added to your tally of expenses.

If you wish to repaint or make other cosmetic adjustments, these should also be included. Consider the exterior as well as the interior of your home.