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Reply to "Buying a first home - did you get the downpayment from your family?"
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[quote=Anonymous]We got the tax free gift limit from H's grandma. We didn't ask. She offered. I think it was $11K at the time. We put down $90K total including closing costs. The rest we had saved up over the years, mostly from my summer associateships in law school which I banked the vast majority of, knowing I was looking to public service/government work after graduation and living as frugally as possible in this area for the first years of our marriage. Our HHI at the time was around $85K. We were very house poor for the first yearish, but were both expecting and received decent raises towards the end of that first year. [/quote]
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