Buying a home is exciting, but the costs can add up quickly. It's important to build room into your budget for the hidden costs of buying a home. When you own a home, you have to pay for all the maintenance and repair costs. These projects are often unexpected, so it's smart to keep extra cash on hand for when they do come up. Regular chores like lawn care and cleaning can take a lot of time, and it can be expensive to hire help. Utility costs may also be higher, and you may have homeowners association fees as well. Don't forget about one time expenses like moving costs and furnishing your home. Crunch the numbers on all the expenses of home ownership, not just the purchase price. That way you can make sure you're prepared for the hidden costs of buying a home.