<prompt> Human: I am 30 years old and I am looking to purchase a home. I have been contributing to my 401k since I was 24, I am financially stable, and can easily afford the payments on homes in the price range I am looking at. I want to buy a home as my primary residence, but I also need the tax write off.My only hang up is coming up with the down payment. I need to borrow 14,000.00. The interest rate to borrow that amount is 3.25. I will be able to pay half of that back by March 2015, and the rest of it back by July 2015. Is this a smart decision? The house I plan to make an offer on is turn key. The home will be inspected before I buy it by a reputable home inspector. Worst case scenario if there are some unforeseen expenses that come up is that I pay back my 401K by 2016.Thoughts? Advise?  <response>: If you are really going to completely pay back the 401k loan in less than a year, its not a bad idea. Of course, the better idea is to buy a house when you have the down payment money in a year. 