OP,
1) Do you max up all your tax advantaged accounts?
2) What is the price of the house?
3) What is the size of your portfolio?
4) What is the minimum amount that you can put into the house down payment?
5) Is it a non-recourse loan?
6) Why do you think your portfolio cannot beat 5.75% per year over the next 5 years?
7) I do not understand why you would not take as big as a mortgage as possible for this house at 5.75%.
8) Do you have to pay off the mortgage as soon as you leave the employer?
"If I don't put the $75,000 to work on the mortgage it will stay in a high yield (currently 4.7%) savings as we want to use the money for our assumed "final" house in 5 years"
9) Why investing in your own portfolio is not a better idea?
10) Why do you think that it is safe to put more of your money into the house?
11) Are you financially independent? Aka, you can stop working tomorrow?
12) Is your portfolio 3X to 4X the price of the house?
"In 5 years the savings are pretty good, roughly $20,000 saved in interest if putting the additional money down plus a lower monthly payment."
13) How much money do you lose by not investing in your portfolio? Do you think your portfolio return will be less than 5.75% per year over the next 5 years?
14) How much of that 20K interest is written off as tax deduction?
KlangFool
1) Do you max up all your tax advantaged accounts?
2) What is the price of the house?
3) What is the size of your portfolio?
4) What is the minimum amount that you can put into the house down payment?
5) Is it a non-recourse loan?
6) Why do you think your portfolio cannot beat 5.75% per year over the next 5 years?
7) I do not understand why you would not take as big as a mortgage as possible for this house at 5.75%.
8) Do you have to pay off the mortgage as soon as you leave the employer?
"If I don't put the $75,000 to work on the mortgage it will stay in a high yield (currently 4.7%) savings as we want to use the money for our assumed "final" house in 5 years"
9) Why investing in your own portfolio is not a better idea?
10) Why do you think that it is safe to put more of your money into the house?
11) Are you financially independent? Aka, you can stop working tomorrow?
12) Is your portfolio 3X to 4X the price of the house?
"In 5 years the savings are pretty good, roughly $20,000 saved in interest if putting the additional money down plus a lower monthly payment."
13) How much money do you lose by not investing in your portfolio? Do you think your portfolio return will be less than 5.75% per year over the next 5 years?
14) How much of that 20K interest is written off as tax deduction?
KlangFool
Statistics: Posted by KlangFool — Mon May 20, 2024 5:35 pm — Replies 2 — Views 84
