Submitted by killaho69 t3_zzs878 in personalfinance
bros402 t1_j2dtmga wrote
Rule of thumb is 3x yearly income - so 285k is at the higher end.
Make sure you have around 3-5% of the value of the house saved for the first year - there's gonna be stuff that comes up, things you will want to change, etc.
after that, 1%-2% of the value of the home for maintenance
that should be on top of your 6 month emergency fund (at least IMO)
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