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Reply to "How much of your savings should you spend to buy a home?"

No, I would not put 90% of my savings toward a home down payment, especially if my emergency savings are commingled with those funds. I would leave a generous emergency fund, and if I were to buy a house now, I would also want extra funds set aside for things that always come up with houses. If I couldn't do that, then "now" would not be the time to buy a home in my mind.

Last edited by sthom
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