10/13/2026
🏡 Let’s talk about what it would actually take to purchase this $195,000 home!
First, let’s talk about the house!
🛏️ 3 Bedrooms
🛁 1 Bathroom
🛋️ Additional Sitting Area
💰 $195,000
https://apps.realtor.com/mUAZ/ng90nrx1
Now, let’s get into the numbers because I know one of the biggest questions when buying a home is “How much money do I actually need?”
For this example, we’ll use an FHA loan with a 3.5% down payment.
Here’s what that could look like:
💵 Down Payment: $6,825
📝 Estimated Closing Costs: $5,850
🔍 Home Inspection: $400–$600
🏠 Appraisal: $500–$750
🤝 Earnest Money: $1,000
Estimated total needed: $13,575–$14,025
Now, here’s a few things I want you to know!
✨ Your earnest money isn’t an additional expense. It’s typically credited toward your down payment or closing costs.
✨ You don’t have to come up with all of this money at once. Some expenses happen during the buying process, while the remaining balance is due at closing.
✨ Depending on your qualifications, there may be down payment assistance programs available to help.
✨ You may also be able to negotiate seller-paid closing costs!
And please don’t think you need to have everything figured out before talking to a Realtor. That’s what we’re here for! ❤️
Whether you’re ready to purchase now or just trying to figure out what you need to do to get there, I’m happy to help you understand the process.
📲 Interested in this home? Message me! Let’s talk about it and schedule a showing!
These are estimates for illustration purposes. Actual costs will vary based on your loan, lender, insurance, and other factors. The inspection and appraisal are estimated separately from closing costs to avoid double counting.
For Sale: View 21 photos for 2714 S Joplin Ave, this 3 bed, 1.5 bath, 1152 sqft. single family home in Tulsa, OK listed at $195,000. MLS #2631554
