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re: What's the most amount of money you'd put down on a new house? It would be a new build.

Posted on 3/2/24 at 7:46 pm to
Posted by Rize
Spring Texas
Member since Sep 2011
16374 posts
Posted on 3/2/24 at 7:46 pm to
quote:

I’d put as much down as possible with 7% rates. Meh. Treasuries and hysa are paying ~5% That’s not that big of a delta to give up as much liquidity as possible. not to mention, mortgage interest is deductible, earnings are taxable. This tightens the delta even more. I would put down enough to avoid mortgage insurance.


Is it? I thought something changed when Trump was in office but maybe it’s just writing off a proration of your mortgage when you work from home.

I just know if it is I don’t have enough write offs to get higher than the standard deductible.
This post was edited on 3/2/24 at 7:54 pm
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