Back to Results
Please enter a valid email address.
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.
Please enter text in the "Enter the text to display" field.
Please enter text in the "Enter URL" field.
Please enter a valid URL.
Please insert a video embed only
I believe it is important to asset allocate your funds. With longer term rates so cheap and the deductibility of the interest. You need to make your money work for you. I have seen too many time were someone put all their egg in one basket, only to get hurt. Once the funds are in the home you can only get a hold of them by selling or getting a loan. In either can be costly, cash is king. Keep as much as you can liquid for other investments.
There are so many variables that come into play with this question. Without looking at your specific situation and crunching the numbers, I don't think there is any way to give you the right answer.The most important factors to consider would be: the cost of the home, the type of mortgage you would be seeking and what the interest rate&closing costs would be, how long you plan on owning the home, would the home be for you or would it be for investment purposes? Although I would love to help you with the actual purchase, the best person to turn to for this situation would be a financial advisor.
Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.
For Sale: $68,000
For Sale: $249,900
For Sale: $314,900