Big raise, new savings strategy?
Got by far the biggest raise of my career from $83k to $129k. I'm incredibly grateful for it and will definitely be enjoying it a little bit but I'm also fairly happy with my life as it was when I was making $83k and not trying to lifestyle creep too much. I currently own a condo and would like to own a single family home probably 5-10 years from now. The main thought I've been having with this raise is it will both enable me to save towards that goal and put me at a point where a mortgage with 20% down on a house might actually be affordable
My question is what would be the best strategy to go about saving towards that goal? I feel pretty good as far as my retirement savings rate but I have not done a lot of saving outside of that in recent years outside of making sure I maintain a six month emergency fund. I'm wondering if I should just throw my additional savings into my HYSA or if I should make extra mortgage payments. I currently owe $223k at 6.5% on my condo so the interest rate is a good bit more than my HYSA earns and I figure I'd sell the condo whenever I am ready to buy a house. Is there any reason I'd be better off saving more in a HYSA, or would extra principal payments make sense for me?