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>>I am 25. I have about $33,000 in my 401(k) right now. I do not have any sort of IRA. My current salary is $70,000 (and I can make up to a 50% yearly bonus, but I am not counting on that). I put 15% (the max allowed) of my pre-tax salary into my 401(k) and plan on always doing so. I do not own a house

But if a $100,000 home is acceptable and you drive a Ford instead of a Lexus, then putting 15-20% down now (or in 5 years) is the way to go.

David (and the previous poster, whose name I didn't retain - I'll call him "Fool25"

I assume "Fool25" has an excellent credit if everything he writes is true and he doesn't have any late payments from his student days... No need for a 20% down payment on an 'owner-occupied' house. He could keep that money in the e-fund, or for whatever bad surprises he'll encounter when moving in HIS house.
A lot more info to be found on the "Buying a house" board

I know there is much more to it than pure finance when you talk about debts and stuff. But some Fools may be willing to consider the 100% financing.
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