If you’re in the process of, or thinking about, buying a house, you’ve probably done some calculations in your head about how much you’ll need for a down payment and what your prospective mortgage payment might look like. But you may not have given any consideration to how much you might spend after you’ve closed the deal. Simply put, you’re going to want to leave the closing table with a substantial amount of money left over because new home buyers spend about $10,601 in their first year as owners, according to new numbers released by the National Association of Home Builders. That includes things like furniture, appliances, and remodeling or home improvement projects. But in total, new homeowners spend nearly three times as much in their first year than a typical homeowner would in an average year. Of course, the condition of the home you buy will play a large role in how much money you end up spending after the move. But, no matter how move-in ready the home is, you’re likely going to want to make some changes once you’ve settled in. That’s why it’s important to stick to a budget and not totally deplete your savings when choosing a house to buy. More here.