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re: Down payment on a home - how much is too much?

Posted on 2/22/13 at 7:54 am to
Posted by NaturalBeam
Member since Sep 2007
14544 posts
Posted on 2/22/13 at 7:54 am to
Not a bad idea in theory at all - but could you do something more productive with that extra money over 20%? Pay down student loans at a higher %? Invest/save elsewhere?
Posted by jmtigers
1826.71 miles from USC
Member since Sep 2003
4973 posts
Posted on 2/22/13 at 8:00 am to
quote:

Invest/save elsewhere?


If we can't make more than 3.5% investing elsewhere... god help us.
Posted by Powerman
Member since Jan 2004
162295 posts
Posted on 2/22/13 at 2:36 pm to
quote:

Pay down student loans at a higher %? Invest/save elsewhere?


I don't have any debt and don't expect to have any other debts at time of purchase

I'm thinking I need to make sure I have enough money set aside to keep funding IRAs but I'm not sure what to do with any extra cash I might accumulate after that.
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