The article discusses the importance of accounting for additional costs when buying a home, as emphasized by banker Margit Volt from Luminor. Many first-time home buyers tend to focus solely on the property price and monthly mortgage payments, overlooking the various additional fees that can accumulate during the buying process. These costs can significantly impact family budgets and can reach thousands of euros. Volt advocates for thorough pre-purchase planning to mitigate unexpected expenses, ensuring buyers are well-prepared for the financial commitments of homeownership.

Among the additional costs highlighted are the booking fee, appraisal fees, loan agreement fees, notary fees, and state duties, which all contribute to the overall expense of acquiring a property. New developments and real estate transactions through agents often require a booking fee that could be significant. As buying a home is a major financial decision, Volt stresses the need for buyers to incorporate these potential costs into their budgets early in the process to avoid surprises at the closing stage.

The emphasis on understanding these financial obligations reflects a broader trend in consumer finance where informed decision-making is crucial. By acknowledging these costs beforehand, potential buyers can make more strategic choices and work to ensure a smoother transaction process. The article serves as a valuable reminder for those entering the real estate market, reinforcing the importance of financial diligence and careful planning when embarking on such a significant purchase.