The goal of today's video is to clarify closing costs vs down payment. You will learn the difference between closing cost and down payment, how to calculate closing costs and I will share some ways you can get your closing costs covered so that you can buy a house with less money out of your pocket!

0:00 Introduction
0:39 What is Down Payment?
2:08 What is Closing Cost?
2:47 What is the difference between Closing Cost and Down Payment?
4:07 How to calculate Closing Cost
6:07 How to save on Closing Cost
8:26 Summary

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Hi, I’m Nicole Nark, a full-time Realtor® at HomeWay Realty Realty in Little Rock. I came to Little Rock with the love of my life, I am a proud Mom of two furbabies (Mini Schnauzer Mix and German Shepard), a Graduate of Communications from the University of Arkansas-Fayetteville and Honor Graduate of Arkansas Real Estate School in Little Rock.

I believe that home ownership lays the foundation for a life of financial security and freedom.

From building equity in a home, to the tax benefits it provides, buying a home is the most important financial decision most people make during their life. For this reason it is important to work with a professional who is committed to act as an advocate for you and your best interests.

Learn more about me and the services I provide here:
https://narkhomes.com/little-rock-rea...
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