Buying a house can be expensive.
The typical U.S. home will set you back $287,148, according to a recent report from Zillow.
But the mortgage amount most likely won’t cover all of the upfront costs homebuyers will face.
Check out this video for a full breakdown of how much you should have in savings before making your big purchase.
More from Invest in You:
What your FICO score means and why you should pay attention
Josh Brown: How I explain the stock market vs. the economy
How insurance premiums and deductibles work
SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox.
CHECK OUT: Why January is a particularly great time to invest your money via Grow with Acorns+CNBC.
Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.