Currently I'm saving $500 a month for a down payment on a house in a few years and my girlfriend is matching that so combined we are at $1000. We plan on buying a ~$200,000 dollar house when we have about 20% for a down payment. My question is after we purchase the house should we just stop putting into savings and stick everything we can into the house? Of course that would save if a lot on interest in the long run but then we won't be contributing at all to our savings. My company has a very generous 401k match that I take full advantage of and my girlfriend has a retirement plan through work though it isn't the best. Should I continue saving to retire early and just pay the minimum payments or pay off the house as fast as possible and then continue saving?
Submitted May 14, 2018 at 09:50AM by IHideDuck https://ift.tt/2Imoezo
