I'm at the early stages of an AH application. I understand that the market price will be circa €250,000. I have savings of approximately €40,000.
My question is whether it is advisable for me to invest equity of my own into a home or whether I should completely finance it through a mortgage?
My instinct is to invest money of my own into the home as it would appear to be the best use to which this money could be put rather than having it sit in a deposit account.
Is there a conventional wisdom on this?
Thanks
My question is whether it is advisable for me to invest equity of my own into a home or whether I should completely finance it through a mortgage?
My instinct is to invest money of my own into the home as it would appear to be the best use to which this money could be put rather than having it sit in a deposit account.
Is there a conventional wisdom on this?
Thanks