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[quote=Anonymous][quote=Anonymous]You definitely need to understand the financial picture better OP.

From your assorted posts I get the impression that your DH determined how to spend the inheritance, and that the whatever you paid for your house - I'm unclear if it was 900K when you bought or current value - was a significant chunk of that money (or else the 100K Reno would be less of an issue.)

Together this suggests to me that your DH is extremely risk averse. Why? Because an alternative spending plan would have been to put down 20% to secure the best rate and invest the rest of the money in the market - a higher risk plan since you would have been more leveraged, but one which would have yielded a higher net worth over that time, since you would still keep any house appreciation that occurred in that time frame, but would also have garnered the market increase on the invested dollars. Since he didn't make that choice, it suggests he is really uncomfortable with being in debt if he can avoid it.

So as PPs have suggested, I think you need to understand your family financial picture better, as well as your DH's psychological comfort with risk, and from there you both need to communicate in order to reach a joint decision for moving your family forward.[/quote]

Yes, they could get a loan for 3.5% and then bought Treasuries at 3.7% and earned easy risk free money.[/quote]

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