Upfront costs are the costs you pay out of pocket once your offer on a home has been accepted. Upfront costs include earnest money, inspection fee, and appraisal fee.

Earnest Money: 1% – 3% of home sale price; typically paid once you reach mutual acceptance with the seller

Inspection fee: typically $300 – $500; paid during inspection

Appraisal fee: typically $300 – $500; paid prior to appraisal, after inspection