Sentences with phrase «downpayment on a house»

They have a lot of equity in the townhouse, sufficient for a substantial downpayment on a house, but they're short on ready cash.

The problem arises when you save so much that you leave yourself under - budgeted for other needs — a downpayment on a house, for example, or an unexpected expense, or a child's tuition.

His research shows that 20 - 30 million current homeowners (half the market) either can not sell and net enough for a downpayment on another house or could not qualify for a new mortgage if they did have a downpayment.

Like others have suggested, I'd recommend waiting until you have at least 10 %, if not 15 % or 20 % for a downpayment on a house.

Including my savings plan to save up my emergency fund and a downpayment on a house.

Is it a downpayment on a house?

Let's look at what the process looks like for someone saving up for a downpayment on a house.

Paying off student loan or using that money for a downpayment on a house?

It's not great that your money is growing at less than inflation but if you're saving for something like a downpayment on a house I would think that (nominal) capital preservation is probably more important than the potential for a higher return with the associated higher risk.

Consider putting a downpayment on a house.

I am interested in the idea of using an S&P Index Fund (probably Vanguard's) within a Roth IRA as a savings vehicle for a downpayment on a house.

Many 20» somethings I know still live with their parents, or are renting, trying to scrape up enough money for a downpayment on a house or condo.

Many first time home buyer, are surprised to find that they only need about $ 1000 for a downpayment on a house, if they qualify for one of the program that help with downpayment and closing cost.