here are a series of costs that you pay at closing and probably more when you move into your new home.

Don't throw all your money into the down payment and then find yourself stuck at closing.
Don't let your down payment empty your bank account - you'll have other expenses.

Closing costs
The fees associated with getting a mortgage and transferring title can cost as much as 5% of the loan amount. That's $5,000 on a $100,000 loan.

At Guaranty, these fees are much lower but you'll still have to pay something at closing.

Necessary improvements
Unless you are buying a newly constructed home, you are probably going to have to make some improvements on the home soon after you buy it.

Furniture isn't cheap, and the odds are that you will need some for your new home. Can your back handle a sleeping bag for six months?