u/AdminZen

Family is telling me just do it, curious to hear from others.

2022 build - 400k house, I’d put 20% down.

Single, 43 years old - income is 130k a year. I max retirement contributions currently and net $6500 a month.

50k in savings after down payment
30k in taxable investments
520k in 401k and Roth IRA

No debt
800+ credit score

I’ve been renting my whole life. Currently rent a 2br townhome with attached garage for $1700. I don’t need a new home (no kids or anything), but it would be nice to have a place to call my own. Just Renting plus investing seems strong to me at this point.

I will likely move no matter what after retirement in ~20 years.

Broker is telling me we can get 6.25%. They are estimating $550 taxes and $150 for insurance.