Quote:
Originally Posted by Wookie
Bolded part. Totally disagree with. Why put 25% down at least? What does it prove? If I've got a decent interest rate the last thing I want to do is tie up "at least" 100 grand in a friggin house.
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There is no right or wrong answer, from a cost of capital standpoint you are right, you are just effectively saving the interest on a loan with a very low rate which is a small benefit. However it comes down to your alternative use of the money. Equity in your house sure beats the markets over the last month right?