<prompt> Human: Hey guys. So my wife and I are moving back to the area I grew up in the next few months. Its only a couple hours from where we are now. Were both 27. We just got married this year, so a lot of our money went to the wedding and honeymoon. Anyway, Ive been renting in apartments for about 8-9 years now and Im really wanting a house. Were ready to purchase our first home. I dont have much saved up, about 1500 so far. Im considering taking money from my 401k for the down payment. I only have about 5000 in my 401k. Just started it last year. The houses were looking at are 130k or lower. Now I know next to nothing about 401ks. I know there would be a penalty for withdrawing early. Is it worth it taking it out? Im thinking it isnt that big of a deal, but only because I dont have much in it yet. But what do you guys think? Were tired of wasting money renting apartments and are ready to start a family and buy our first home. Thanks for the advice!Edit. Were going to get a 3 down payment loan.  <response>: Were ready to purchase our first home. I dont have much saved up, about 1500 so far.Youre not ready. 