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re: Age when bought first home ?

Posted on 1/29/14 at 7:51 am to
Posted by Salmon
On the trails
Member since Feb 2008
83686 posts
Posted on 1/29/14 at 7:51 am to
27

we put down the minimum at 3.5% because IR% was so low

PMI wasn't that much
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3816 posts
Posted on 1/29/14 at 7:59 am to
23

Put down minimum of 3% I think (FHA). Prob overspent but like the neighborhood. Barely made the down payment since we had also just paid $20k-ish for a wedding. No gifts from anyone. Probably would do differently today.

Plan to move out within a few years (about age 30) and will try to put down 10-20%, depending on interest rates, PMI, and if we build.
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