Submitted by jws1300 t3_10oathi in personalfinance
yes_its_him t1_j6etjhx wrote
Reply to comment by jws1300 in Pay down on house or keep in savings? by jws1300
> I want to have no debt asap so if I did lose my job I wouldnt be scurrying to get income.
Don't do that. If you lose your job, you want cash, not equity. You can fund the mortgage for many months even if you lose your job if you have the money liquid.
FormsForInformation t1_j6gdkfs wrote
6-12 months seems to be the new 3-6 months
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