Hi Folks,
Age: 33
Children: 1 (4 yo)
Income: 88k (78k base, 10k bonus)
Monthly take-home pay: 3794e (After pension and employer stock purchase program)
Debt: None
Do you own any investment or other property? No
Property purchase: 305k
Deposit: 162k
Company shares: €40k
I'm about to purchase a property for 305k with 162k down, i do have 40k in company shares which i think may have the potential to go up quite a bit long term so i'm wondering if i should sell them and add the proceeds to the deposit? I am enrolled in my company ESPP at 15% so i would still be purchasing company stock regardless.
Atm my mortgage would be 524e pm, after tax i'm not sure selling the stock would be worth it to try reduce the monthly payment.
Any advice is much appreciated.
Thank you.
Age: 33
Children: 1 (4 yo)
Income: 88k (78k base, 10k bonus)
Monthly take-home pay: 3794e (After pension and employer stock purchase program)
Debt: None
Do you own any investment or other property? No
Property purchase: 305k
Deposit: 162k
Company shares: €40k
I'm about to purchase a property for 305k with 162k down, i do have 40k in company shares which i think may have the potential to go up quite a bit long term so i'm wondering if i should sell them and add the proceeds to the deposit? I am enrolled in my company ESPP at 15% so i would still be purchasing company stock regardless.
Atm my mortgage would be 524e pm, after tax i'm not sure selling the stock would be worth it to try reduce the monthly payment.
Any advice is much appreciated.
Thank you.