I think you need to start with how much in emergency funds are reasonable right now and then figure out the down payment.
Say you have 20% to put down and a substantial emergency savings, but you still decide to put only 5%. The flaw in this is you might be tempted to spend that 15% down the...
I would buy the a house that afforded me the best of both worlds. One that I could afford to put 20% down and still have substantial emergency savings left over.
roundcorners - 03 August 2009 06:30 PM
How is your faith? No really?
Most of my life, I've came to listen, obey and be discipline to follow through with advice/instruction/lessons from older, wiser people. That doesn't mean that we don't constantly test and try the messages, but once trust...