Joseph (Caller)

Uh, and the reason we're moving is because I accepted a job, uh, in a new location.

And so, uh, that equity will go into the purchase of a new house, but we weren't sure if once the fully funded emergency fund is in place, if we should start, uh, piling up money for a down payment on the house via 3b, or if we should just be doing four or five and six to increase the equity in the current home, uh, for when we're prepared to make that move.

Yes.

So in our primary residence, we'll have $190,000 equity once we close the sale.

And then we also have a shore house, which we purchased before we found the program.

But thankfully, that was part of the debt we paid off.

And so there's $140,000 equity in that house.

But if we don't have to sell it, that's a great vacation home for our family.

We prefer not to.