How much should I save besides the down payment?

Beyond your down payment, plan for closing costs, moving expenses, immediate home needs, and reserves. Closing costs in Arizona typically run two to three percent of the purchase price for buyers, though the amount varies by loan type and transaction. You'll also want funds for any immediate repairs, furnishings, or improvements. Lenders and financial advisors generally recommend keeping three to six months of expenses in reserve after closing for emergencies and unexpected costs. First time buyers sometimes underestimate how much the transition costs, so building in a comfortable buffer helps you settle in without financial stress.