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Money and Finances
Reply to "how the hades did you save a six figure deposit?!"
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[quote=Anonymous]We didn't. People on this board act like not putting 20% down equals irresponsible disaster. We put 7% down, most from a gift, and now have about $250 k in equity. Yes, we bought at a good time and we're lucky, but we also knew we had fairly stable jobs, were going to live here at least 3-5 yrs (it's been 7), and could comfortably handle the monthly payment. I think the last thing is the big part- make sure you can handle the payment. [/quote]
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