Basically i'm wondering if it's better to save and save and save and pay in full, and then only have to pay property and other taxes rather than the mortgage or if it's better to put a down payment and pay as you go. The homes I am looking at in question are a little over $350,000. We are in California and have an income (not combined income) of around 50,000 a year, I don't understand FHA loans and doubt I qualify anyway, I have never bought a home, and have $250,000 in savings, long story. But figured it may be imperative to the question.
Read more: How much money should be saved before buying a home around 400,000.00?
