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

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I get that it's a loaded question. The cash is on hand for 40% down payment, but I figured some here would suggest against it and go for a better return with that money being used elsewhere

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I just went through this with a home purchase last year. I was going to put 35% down on a jumbo with chase.

Chase mortgage broker came back the day we were going to lock and said he ran the numbers and said I’d actually save an eight by only putting 25% down (I believe bc Chase wanted a larger loan for the same amount of work or bc 75% LTV fit into more securitizations).

ask what the recast policy is. I can recast unlimited times, zero fees with Chase. Rate stays the same, pays down principal recalcs monthly payment. As long as it’s a minimum of $10k.


I think the move is to put 25% down, put the rest in high yield money mark/savings. Leave the cash flexibility, recast later if you want a lower payment but don’t use up all that cash now.