Finding a home that you love is a wonderful moment in the home buying process. However if you are not prepared and are not in a position to put in an offer it can be very upsetting. Things that buyers need to consider are the down payment (cash) they will need, the taxes and the insurance.
Things that must also be factored in are things that are called “pre-paids” which are items that a seller may have paid in advance, like taxes, that you will need to pay back. In Orleans Parish for instance taxes are paid in full at the beginning of the year. So you would have to repay the seller from the date of your closing to the end of the year.
Others things to consider are electric, gas and the cost of commuting which depending how far you are from your job and with the cost of gas can add up.
Here is a helpful calculator where you can put in the cost of gas, mileage and see how much it adds up to.