Jade Warshaw

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All right, Caleb from Indianapolis, Indiana is on the line.

Hey, Caleb.

Okay, I see what you're saying.

So you're wanting to put $80,000.

She's wanting to put a total of $50,000.

Did I understand that?

So me looking at this right quickly, your way, the payment's around $972,000.

Her way, it's around $1,400,000?

Okay, and your thought is we can go to a one-income household later on if we so choose, right?

than it would in the house she's very frugal um and a large purchase is just uncomfortable for her there's like an extra safety net for her in a way to have that to have that available okay i actually i'm with you caleb i think that that i would rather do that i think there's more security once you have a home it becomes the number one thing that you want to protect if you ever hit hard times

And so I kind of like the idea of saying, hey, if we do this, our mortgage will be so low that even if only one of us were working, it would be OK.

And that feels way more secure in my mind than having some money floating.

Yeah, money just floating.

And that... And it does free up $450 a month to save up way more quickly.

So that if there was something like a vehicle or all of those things that it would be nice to have a chunk of cash for, you could do it fairly quickly.

That's right.

So final ruling, there's no wrong answer.

But if we were forced to decide, we'd go with the lower payment, therefore higher down payment.

Yep.