Reply
Established Contributor
jadeite788
Posts: 510
Registered: ‎09-25-2009
0

Re: How much did you SAVE?

no problem.  Myself was curious.  I still have to consider kitchenware.  I went to sears outlet, where things were discounted, and it gave me somewhat of an idea in what to expect.


Starting Score: 565
Current Experian Score: 634 (Lender pull)
Current Equifax Score: previous 668, 680 as of 11/12/13 lender pull
Current Transunion Score: previous 675,677 as of 09/23/13
Goal Score: 750

Take the FICO Fitness Challenge



Frequent Contributor
swtneka
Posts: 486
Registered: ‎02-14-2013
0

Re: How much did you SAVE?


jadeite788 wrote:

no problem.  Myself was curious.  I still have to consider kitchenware.  I went to sears outlet, where things were discounted, and it gave me somewhat of an idea in what to expect.


Yea i been window shopping myself. Trying to get an understanding how much we are going to need. Way more than i thought i tell u that

Contributor
Hoya08
Posts: 98
Registered: ‎06-05-2013
0

Re: How much did you SAVE?

[ Edited ]

armywifelong03 wrote:

Hoya08, what were your approximate closing costs w/ VA?


Our closing costs (in 2011) on a 458k home in Northern Virginia was around 11k.  It included 12-months of home insurance and pro-rated property-tax among all the other fees.  However, due to our earnest money, we only had to bring 2k to settlement; moreover, we did not pay a VA funding fee.

 

Your closing costs will depend on where you plan to purchase (due to different property tax rates, etc).

 

If you purchase a home with a VA loan while your SO is still active duty, you will pay a VA funding fee, currently 2.15%.  If you purchase after your SO retires or separates, and receives a 30% or greater disability rating from the VA, you qualify for a funding fee waiver.  Unfortunately, some veterans are not aware of this waiver.

Established Contributor
jadeite788
Posts: 510
Registered: ‎09-25-2009
0

Re: How much did you SAVE?

that is high.


Starting Score: 565
Current Experian Score: 634 (Lender pull)
Current Equifax Score: previous 668, 680 as of 11/12/13 lender pull
Current Transunion Score: previous 675,677 as of 09/23/13
Goal Score: 750

Take the FICO Fitness Challenge



Established Contributor
jadeite788
Posts: 510
Registered: ‎09-25-2009
0

Re: How much did you SAVE?


Hoya08 wrote:

armywifelong03 wrote:

Hoya08, what were your approximate closing costs w/ VA?


Our closing costs (in 2011) on a 458k home in Northern Virginia was around 11k.  It included 12-months of home insurance and pro-rated property-tax among all the other fees.  However, due to our earnest money, we only had to bring 2k to settlement; moreover, we did not pay a VA funding fee.

 

Your closing costs will depend on where you plan to purchase (due to different property tax rates, etc).

 

If you purchase a home with a VA loan while your SO is still active duty, you will pay a VA funding fee, currently 2.15%.  If you purchase after your SO retires or separates, and receives a 30% or greater disability rating from the VA, you qualify for a funding fee waiver.  Unfortunately, some veterans are not aware of this waiver.


The house we were going to purchase before the accident was $80K, and earnest was $1K, and closing costs was $2550.  The Seller was going to pay the closing costs in full.  We had the downpayment assistance, with no points, and a 1% origination fee.  So basically no money was coming out of our pockets.  But then again I am in Texas.  But it don't matter because we back out after the home inspection.  The whole entire HVAC unit had to be replace.  


Starting Score: 565
Current Experian Score: 634 (Lender pull)
Current Equifax Score: previous 668, 680 as of 11/12/13 lender pull
Current Transunion Score: previous 675,677 as of 09/23/13
Goal Score: 750

Take the FICO Fitness Challenge



Contributor
bobvette
Posts: 78
Registered: ‎02-04-2012
0

Re: How much did you SAVE?


swtneka wrote:

after reading this i was like WOW there is so much more to save than dp and clc.... We had a long convo about the other stuff and how we need to save more. Thanks for the post


We had our down payment saved, around $16,000.00, and moved in three weeks ago, since then, this is just a quick tally of what we have spent, and I bought all furniture for cost because of my job:

 

Blinds: $1,800.00

Fridge: $2,000.00, got it for cost too

Sectional: $1,600.00

Bed, mattress, and box for daughter: $800.00

Bedroom Furniture for other daughter: $1,500.00

Master bedroom bed and 2 nightstands: $800.00

Push mower/grill: $1,000.00

 

Out of all of that, the stupid blinds drive me crazy. It takes a ton of money to buy a house, and I didn't even include the cost for the movers!

 

.

AMEX BCP $26,600 CSP $12,000 Pen Fed Plat Rewards $12,000 Citi Thank You Preferred $10,500 Chase Freedom $10,000
Delta CU $10,000 Cap 1 X 2 $7,500 AMEX TE $2,000
HSN $1,700 Kohls $1,000 BBRZ $700

Starting Score: EQ-592 TU-606
Current Score: EQ-728 TU-730
Goal Score: 725

Take the FICO Fitness Challenge

Established Contributor
jadeite788
Posts: 510
Registered: ‎09-25-2009
0

Re: How much did you SAVE?


bobvette wrote:

swtneka wrote:

after reading this i was like WOW there is so much more to save than dp and clc.... We had a long convo about the other stuff and how we need to save more. Thanks for the post


We had our down payment saved, around $16,000.00, and moved in three weeks ago, since then, this is just a quick tally of what we have spent, and I bought all furniture for cost because of my job:

 

Blinds: $1,800.00

Fridge: $2,000.00, got it for cost too

Sectional: $1,600.00

Bed, mattress, and box for daughter: $800.00

Bedroom Furniture for other daughter: $1,500.00

Master bedroom bed and 2 nightstands: $800.00

Push mower/grill: $1,000.00

 

Out of all of that, the stupid blinds drive me crazy. It takes a ton of money to buy a house, and I didn't even include the cost for the movers!

 

.


Sounds like I am going to be bargain hunting for the first 3-6 months.  thats a lot.


Starting Score: 565
Current Experian Score: 634 (Lender pull)
Current Equifax Score: previous 668, 680 as of 11/12/13 lender pull
Current Transunion Score: previous 675,677 as of 09/23/13
Goal Score: 750

Take the FICO Fitness Challenge



Frequent Contributor
swtneka
Posts: 486
Registered: ‎02-14-2013
0

Re: How much did you SAVE?


bobvette wrote:


We had our down payment saved, around $16,000.00, and moved in three weeks ago, since then, this is just a quick tally of what we have spent, and I bought all furniture for cost because of my job:

Blinds: $1,800.00

Fridge: $2,000.00, got it for cost too

Sectional: $1,600.00

Bed, mattress, and box for daughter: $800.00

Bedroom Furniture for other daughter: $1,500.00

Master bedroom bed and 2 nightstands: $800.00

Push mower/grill: $1,000.00

Out of all of that, the stupid blinds drive me crazy. It takes a ton of money to buy a house, and I didn't even include the cost for the movers!

.


We are paying on our furniture. Its in layaway. The main thing we will need is a fridge , lawn mower, n a king size mattress 4 our new bed room set, oh n of course MOVERS!

Frequent Contributor
kimmiller112
Posts: 467
Registered: ‎04-09-2012
0

Re: How much did you SAVE?

I'm glad this post was started.  I had the moving costs calculated into what I will need, but completely forgot about blinds.

Barclays USAir World MC $8300 - DCU $7500 - USAA World MC $7000 - PayPal Extras MC (GE) $5500 - Chase Saphire Preferred $5000 - Discover It $5000 - Barclays Sallie May $2700 - Chase Freedom $1000 - Capital One $8500 (business) - store cards ranging from $500-$9500
Contributor
nvrgiveup08
Posts: 102
Registered: ‎01-24-2008
0

Re: How much did you SAVE?

I've been saving for some time now and HOPEFULLY I will have about 15k saved by the time I close and move in. We are gonna have to purchase a riding mower and lawn equipment as well as some other odds and ends. I want to keep as much in savings as possible.

No place to go but UP


EQ 632
EX 648
TU 648

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+