Thanks for the # sdcellar. I have a couple more questions. I was wondering how the number would look like if the fed raise another .25%, which would make savings rate go up to ~5.5%? Also, what I’ve seen with my pre-qualified rate I got and what bob2007 got was around 6.2%. Would that make it break even? My second question is, would $3926/yr be worth it for the safety of liquid cash just in case something happen? Such as a major accident or a job loss? If price keep going down like we all expect and that will eventually erode the 400k to a smaller amount or to nothing, which means you can’t HELOC or refinance again. To me, $3900/yr is definitely worth it to hedge my bet of a declining RE price and increasing interest/saving rate.
