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Dear fools,

I would like you to give me some advice about the money that I should put aside to buy our first apartment/house.

First, something about ourselves: I am 37 years old, married, no children, Spaniard but living in the Netherlands. Me and my wife have saved around 100k euros so far and we think that in the medium term (2 to 5 years) we will be buying our first house. We are currently renting an apartment.

Our savings are at the moment split in two halves: one is invested in stocks (not doing very well at the moment) and the other half is put in a savings account.

My question is: what is best?

- Investing all the money we have (the 100k euros except some money for emergency needs) looking to make it grow in the long term and ask for a bigger mortgage when we decide to buy a house? Or,
- Putting as much cash as possible upfront to pay the house and asking for a mortgage as low as possible?

Is there any way to decide/calculate what is the optimum amount to be put upfront before asking for a mortgage taking into account our circumstances (income, age, savings so far, etc)?

Thanking you all very much in advance, I look forward to hearing from your advice.

Kind regards and Happy New Year to everyone!

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