Jennifer Mize NMLS 242790

For some families who want to buy, the numbers just aren’t lining up right now.

Between ongoing affordability challenges and rising childcare costs, it can feel like you have to choose either buying a house or paying for daycare. But a growing number of people are finding a smart solution where they can do both: buying a multi-generational home.

1 in 7 buyers purchase a home with their parents, grandparents, or other relatives. And here’s how that helps. By combining incomes and sharing expenses, they can finally afford to buy. And it even makes childcare easier when loved ones all live under one roof. Sometimes the path to homeownership isn’t doing it alone. It’s doing it together. Want to explore what this could look like for you? Let’s connect.

I still remember when I found this out. I originally thought it was 50/50. But know that you know this, try making an extra payment or just pay a little more to principal each month (if you can) and you will pay off your loan faster and save in interest costs.