<prompt> Human: We sold our first house and are about to buy a new one. We will have 20k left after paying down 20 on the new house. Should we put more money down and reduce the size of the new home loan or keep the cash as an emergency found or something else? The current loan amount for the new house would be 460K after paying down 20.  <response>: If you dont currently have an emergency fund, I would definitely keep the 20k as an emergency fund. 