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Good mini tutorial by Proflyer, imo.
I would add that at the OP's guessed age, he isn't nearing retirement; thus, cop a good mort and work off 'their' money. Shop hard for a mort, as the rates and fees are all over the map, (our daughter has been in the mort/title biz for 25 yrs), and put down as much as is comfortable fiscally. Lower monthly payments are less stress to a household outflow...
If you were near/about to retire, I would rec'd the cash buy, assuming your were going to be there/or lease it for a few years.
GL, mD
PS: The OP's slightly bumpy employment may raise a flag, and some mort companies will try to jam you on rates, fees et al, because of that. I get what you are saying on the cash buy. Both options have pluses and minuses.
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