Should you help your kids buy a house?

So… smart move or big mistake?

This week we helped a family buy their son a 2-bedroom condo for $250,000 (negotiated down from $265,000). He starts a new job next month and is thrilled.

Here’s the simple math:

**If he rented:**

About $2,200/month.

**If he buys (5% down):**

About $1,850/month including mortgage, taxes, and insurance.

That’s $350/month ahead.

Over 5 years, that difference could mean:

• $21,000 in payment savings
• $30,747 in principal paydown
• $39,818 in appreciation (assuming 3% annually)

That’s roughly **$91,565 better off than renting.**

Yes — there are fees, maintenance, condo increases, etc.

But rents rise too. Rentals get sold. Moves happen.

The big-picture math tells a story — and I like that story.

In this case, Mom and Dad helped with about $14,750 to get him started. Five years later, he could be nearly $91,000 ahead compared to renting.

Some will say kids should struggle and earn it.

I agree — struggle builds character.

But I see this as a hand up, not a handout.

Not buying it cash. Just helping them get started.

I’ve seen this kickstart real momentum — even generational wealth.

 

What do you think?

Would you help your kids buy?


Every situation is different. If you want clarity on what this could look like for you, call us directly.