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My realtor in Austin kept pushing for a 20% down payment, but I went with 5% and it was the right call for me.
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samwalker6mo ago
Yeah, @andrew_walker77 is right, the math has to work for you.
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troythompson6mo ago
Gut feelings are just math you haven't written down yet.
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andrew_walker776mo ago
It's a classic case of the expert giving textbook advice without knowing your full picture. Realtors see a lot of deals, but they don't live your budget or know your future plans. Locking up all that cash in a down payment can leave you house poor and stuck. Sometimes the safe move on paper is the risky move in real life. You have to run your own numbers and trust your gut.
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