I have $232k saved up, do I have safe home buying plan?
Using $89k to buy a new build house with 15% down, (PMI is $44/mo). That leaves me with $143k. Emergency fund is $60k ($10k x 6 mo). That gives me $83k. I'd need to use about $40k to buy furniture, flooring, and appliances. That gives me $43k left over to save. Is this a safe way buy our first primary home in this crazy unpredictable market? Couldn't post on personal finance for some reason...
Submitted April 11, 2023 at 05:04AM by HaramHalal https://ift.tt/9d5DEUe
