For ppl in tech , assume our base pay n stock grants keep increasing and assume that we can invest to earn at par or higher than the 7% long term …. For our situation is it better to take a bigger monthly mortgage (small down Payment ) or just sell stock and go for biggest down payment? #mortgage #housing
Selling stocks almost always comes with a tax bill. If you are okay paying 15% minimum in taxes then you can begin to think about selling. Paying more down has always seemed best and worked out best, because the assumptions you mentioned can bail out anytime. So I would pay as much down as possible while keeping the tax on capital gains as low as possible.
With interest rates so high, it doesn't make sense to take more loan than absolutely required. Don't take a loan if you don't have to. And if you do, pay it off as aggressively as possible.
Write a simple python script and do the exact math. You don’t need to ask people here. These answers are all subjective
Big down payment
Sometimes I get annoyed that people so dumb are so rich. You spelled it out yourself. If you can get a better return on investments after adjusting for tax, then better to have lower down payment.
Intelligence in one domain doesn’t mean intelligence in another domain dude. A smart geek may not figure out how to date and get the best girlfriend for example