u/No-Pea1620

Savings after closing

My husband and I recently had an offer accepted on a house and the monthly budget due to the interest rates going up yet again! Like many we have very generous people in our lives who are willing to help us with the inital down payment costs. My question is what is normal to have in your savings after all said and done? We have a good amount in our accounts but I am nervous as this is the most money we've ever spent lol. I am not looking for a textbook 2-3x your monthly payment stuff, give me the honest truth of what you had left!

For reference we are buying in NJ which is CRAZY to begin with.

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u/No-Pea1620 — 5 days ago