How Much Money Do You Need to How Much Money Do You Need to Buy a House in New Hampshire?Buying a home in New Hampshire takes more than just a down payment. In areas likBuy a House in New Hampshire

How Much Money Do You Need to Buy a House in New Hampshire?

Buying a home in New Hampshire takes more than just a down payment. In areas like Plymouth, Wentworth, Campton, Rumney, Ashland, Thornton, and the broader Central NH region, buyers should understand all upfront costs to avoid surprises.

Here’s exactly how much you need to save before starting the process.

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1. Down Payment (0%–20%)

Your down payment amount depends on your loan type:

USDA: 0% down

VA: 0% down

FHA: 3.5% down

Conventional: 3%–20% down

Most NH buyers put 3%–5% down.

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2. Closing Costs (3%–5% of the Home Price)

These include:

Lender fees

Attorney fees

Title search & title insurance

Appraisal fee

Prepaid property taxes

Homeowners insurance

Typical NH closing cost range:

👉 $7,500–$12,000

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3. Inspection Costs ($700–$1,800)

Rural NH homes often have private wells, septic systems, and older heating systems, so multiple inspections are common.

Typical costs:

Home inspection: $450–$650

Septic inspection: $300–$450

Water test: $150–$250

Radon air test: $150–$200

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4. Appraisal Fee ($500–$700)

Most lenders require this upfront before the appraisal is scheduled.

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5. Earnest Money Deposit ($1,000–$5,000)

Usually 1%–2% of the purchase price.

It gets credited back to you at closing.

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Q&A

Q: How much money do you need to buy a house in NH?

A: Most buyers need 5%–10% of the purchase price, including down payment + inspections + closing costs.

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Keywords

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About the Author

Buying or selling in Central New Hampshire?

I’m Jimmy Johnson, your local NH real estate agent and investor serving Plymouth, Grafton County, and surrounding area

Jim Johnson — Real Estate Agent

58 NH Route 25A

Wentworth, NH 03282

P: (857) 249-7392

W: www.JimJohnsonRealEstateAgent.com

Licensed New Hampshire REALTOR® with Three Hills Real Estate Services

Broker Email: info@ThreeHillsRES.com

Broker Website: www.ThreeHillsRES.com