Should Physicians Really Put 20% Down on a Home? Learn The Hidden Trade-Offs
Автор: WealthKeel LLC
Загружено: 2025-02-20
Просмотров: 225
Physicians assume a 20% down payment is the gold standard for home buying—but is it really the best move? While it helps avoid PMI and lowers monthly payments, it also ties up cash that could be invested elsewhere. Today we’re breaking down the trade-offs of a large down payment. More equity in your home can mean stability, but it also means less liquidity for investing, emergencies, or career opportunities. We’ll guide you through key factors—interest rates, investment returns, and financial goals—so you can make a decision that builds wealth rather than just follows conventional wisdom.
➡ Submit a question for YouTube and/or join the WealthKeel Weekly: https://go.wealthkeel.com/m/WK
🔔 Subscribe for more insightful finance tips and hit the notification bell to stay updated! 🔔
♥ Lovingly tap that like button if you find this video helpful. 👍
❓ What to submit a question for a future AMA episode? → https://go.wealthkeel.com/m/WK
🚨 Looking for a team of experts? Check out the “Best of the Best” page on Physician Cents (my podcast!) Insurance Brokers, Mortgage Brokers, Student Loan Refinancing, and more. → https://www.physiciancents.com/resources
Key Insights 💡
• The 20% rule isn’t absolute.
• Physician mortgage loans waive PMI.
• High-interest rates make larger down payments more appealing.
• Liquidity matters—cash tied in a home isn’t easily accessible.
• Investing excess cash can outperform mortgage savings.
• Risk tolerance should guide down payment decisions.
• Home equity loans aren’t always a good backup plan.
• Age and debt mindset influence mortgage strategy.
• A “meet in the middle” approach can balance risk and opportunity.
• Smart planning beats blindly following conventional wisdom.
Highlights 🕒
0:00 Why we’re questioning the ‘20% down’ Standard
02:16 The physician mortgage loan advantage
03:03 Who should put more than 20% down?
06:52 The downsides of a large down payment
09:38 Alternative strategies you never thought about
10:56 The "meet in the middle" approach
12:35 Final thoughts
🙏 Please share any topics or questions you would like to see featured in our videos in the future! Drop us a line in the comments. You can also use the link below to send us a question privately.
👉 Follow us on socials, join our weekly newsletter, get our free eBook, send us your YouTube questions, and more → https://go.wealthkeel.com/m/WK
Disclosures: This information is for general purposes only. This information is not intended to be a substitute for specific professional financial or tax advice, as individual circumstances vary. Please see a financial professional, CPA, and/or an attorney in regards to your own individual situation.
Доступные форматы для скачивания:
Скачать видео mp4
-
Информация по загрузке:
