You have money in your 401(k), but not enough cash for the down payment

Yes! You Can Buy a Home with Keith Goeringer · Sep 17, 2026 · 17m

Do you cash it out?

Not so fast.

In this episode, I explain the difference between a 401(k) loan, a withdrawal, and an IRA distribution. I also walk through how I look at 5%, 10%, 15%, and 20% down, mortgage insurance, emergency reserves, and the effect a 401(k) repayment has on your paycheck.

I’ve used a 401(k) loan myself and helped buyers use them for down payments, closing costs, and reducing mortgage insurance.

The goal is not to force one answer.

The goal is to compare the options before you move the money.

In this episode of Yes, You Can Buy a Home, I’m talking about a strategy I’ve…