The housing loan may be your largest financial commitment when you buy a home. But that’s not the only housing cost.

In addition to renovation and decoration costs, and housing agents’ commissions (if you use their services), here’s a list of the other main expenses you should know about. It applies to both HDB and private properties, though the costs for private properties are usually higher.

Legal fees
Stamp duty/fee
Valuation fee
Mortgage insurance
Fire insurance
Maintenance/conservancy charges and utilities
Property tax