LogFAQs > #983263226

LurkerFAQs, Active Database ( 12.01.2023-present ), DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Financial question for homeowners
neonreaper 12/11/24 7:16:54 PM #31:	If the 200k represents your life savings, then you shouldn't put it all towards the house. Put enough down to avoid PMI, save an emergency fund and a home improvement fund (and really try to build that into your monthly finances). If it represents only your house savings, I'd play with a mortgage calculator and a compounding interest calculator. And yes for a home, you ideally want to avoid PMI, you need to think about repairs and improvement projects and tools/contractors, property taxes, and homeowner's insurance. --- Donny: Are they gonna hurt us, Walter? Walter: No, Donny. These men are cowards. <cite>neonreaper posted [p:983263226] in Financial ... [t:80899551]...</cite> <quote>If the 200k represents your life savings, then you shouldn't put it all towards the house. Put enough down to avoid PMI, save an emergency fund and a home improvement fund (and really try to build that into your monthly finances). If it represents only your house savings, I'd play with a mortgage calculator and a compounding interest calculator. And yes for a home, you ideally want to avoid PMI, you need to think about repairs and improvement projects and tools/contractors, property taxes, and homeowner's insurance. --- Donny: Are they gonna hurt us, Walter?Walter: No, Donny. These men are cowards.</quote> ... Copied to Clipboard!
Topic List	Page List: 1