4.6 • 682 Ratings
🗓️ 9 January 2024
⏱️ 7 minutes
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0:00.0 | brought to you by the every dollar app start budgeting for free today |
0:06.2 | actually's with us in Philadelphia hi Ashley welcome to the Ramsey show |
0:09.7 | hi Dave how are you better than I deserve what's up |
0:14.8 | so my boyfriend is receiving a pretty large settlement in the next coming months. And we're kind of debating, |
0:25.2 | we're looking to buy our first home. And obviously, once the home comes, once the right home comes, |
0:31.6 | we'll do that. But he's stuck on paying the house out in full. And I'm wondering if it's better to do a big down payment and get a mortgage on the house. |
0:42.3 | Why do you want a mortgage? |
0:45.1 | I don't know. |
0:46.3 | I feel like putting a huge lump of that settlement into a house. |
0:51.1 | Why do you want a mortgage? |
0:54.5 | I'm not sure. Well, you just told me you wanted a house. Why do you want a mortgage? I'm not sure. |
0:56.8 | Well, you just told me you wanted a mortgage. |
1:00.5 | What do you think he should do with it? |
1:04.3 | I just want him to use it as wisely as possible. |
1:08.9 | Sounds like he wants to avoid debt. |
1:10.7 | How much is he getting? |
1:13.8 | Right around half a million. |
1:15.6 | Okay. |
1:16.0 | And how much is the house price you're thinking about buying? |
1:19.7 | We were thinking like mid-threes. |
1:22.0 | Okay. |
1:25.1 | Is the settlement taxed? |
... |
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