📈 Should I buy a home outright or invest my inheritance?
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💰 The Windfall & Debt
You're expecting a $600,000 inheritance and have $47,000 in debt. First rule of windfalls: clear the debt. That leaves you with a clean slate and a big decision on housing.
Net Windfall
🏠 Housing Decision
Should you buy a $400,000 house outright, or put 20% down and invest the rest? Let's compare the two paths over your time horizon. If you buy outright, we assume you invest the monthly mortgage payment you're saving.
📈 Market Assumptions
If you don't tie up all your cash in the house, you can invest it. What return do you expect?
🔗 See Also
📊 Results
Recommendation
Invest
Wealth Difference
Net Worth (Buy Outright)
Net Worth (Mortgage & Invest)
Monthly Mortgage Payment
Remaining Mortgage Balance
Calculator updated by heyfinfam (v26.10.0) · View history
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