Which one cost more, your e-ring or down payment?

[stephlove]

E-Ring.

We're only putting 3.5% down on a 50,000 house.

[aerowife2010]

Downpayment. Not by a lot but it was still more than DH spent on my engagement ring.

[jenn248]

Well, DH's parents gave us the diamond in my e-ring (it was his grandmother's), so we just paid for the setting. Even so, my downpayment was many, many times more expensive than the setting (or the total value of the e-ring) - I put about 35% down.

[SJ]

Down payment.

[rex]

we don't have a dp or a house yet but our dp will cost far more than my e-ring. I can't even imagine having a ring that cost so much.

[h]

The 10% we put down on our first house was about 4 times the cost of my e-ring. The 40% we put down on our second house was like 25 to 30 times the cost of my e-ring.

[Deleted]

Our DP was 17x more than my E-Ring.

[minniebee]

DP by a lot.

My e-ring cost $225. I didn't want a diamond or any gemstones, so I have a very simple (and cheap) ring. I'm happy with it, it's what I picked out.

[litasail]

Definitely, definitely our downpayment.

[dani3012]

I believe my ring cost more, although I know my ring was under 2k I dont know how much it was. We financed USDA (100%) But it wasnt really 100% of the value of the house at the time. It was more like 95% but we didnt have a downpayment.

[thatgirl2478]

... e ring .... which is sad b/c it was inexpensive (family stone, had it reset and flanked with sapphires).

[Deleted]

My ring is a family ring, so you could ask if lunch at taco bell cost more than my e- ring. The answer would be yes.

[Deleted]

May 14, 2012 10:30:59 GMT -5 @lcap said:

DP by a long shot. I'm pretty sure my e-ring was only like 10k.

[Deleted]

The DP for our co-op was bigger, and we only put down 5% :-P

[Deleted]

DP but only by only about $800

[Deleted]

May 14, 2012 10:50:33 GMT -5 gravytrain225 said:

May 14, 2012 10:30:59 GMT -5 @lcap said:

DP by a long shot. I'm pretty sure my e-ring was only like 10k.

Wow! Is this amount a norm? I thought anything more than $2500 was a lot of money!

We got married young and most of my friends who got married in their late twenties have much more impressive rings than I do. Which is fine. Mostly my point was that a 10k DP is small for most housing markets.

[friskypanda]

DH already owned this house, but when/if we move our DP will be more. My ering was only $1500.

[ejpint]

Downpayment, but they were kind of close. We didn't put down as much as we should, and he picked an expensive ring.

[quickstepstar]

When we buy, our DP will be way more. Thus far our 2 biggest checks we had to write were our car (bought it in cash) and the 2 IRS payments for taxes we owed.

[nextbigthing]

down payment was 5x my ering, but we put 35% down.

[mollz007]

Well, when we buy a house we plan on trying to put at least 20% down, so ya, our DP will be more than my e-ring for sure.

[Wines Not Whines]

DP by far. We put 20% down.

[whitepicketfence]

Um, my e-ring was less than $1K so...definitely our downpayment.

[mollz007]

May 14, 2012 10:50:33 GMT -5 gravytrain225 said:

May 14, 2012 10:30:59 GMT -5 @lcap said:

DP by a long shot. I'm pretty sure my e-ring was only like 10k.

Wow! Is this amount a norm? I thought anything more than $2500 was a lot of money!

Not for us, lol. My e-ring cost like $400 and I still thought that was pretty expensive. But I am not a jewelery person so I didnt need a big diamond or anything.

[libbride]

Our down payment was 10x the cost of my e-ring.

[pinkdutchtulips]

no question when we finally pull the trigger and buy something, the cost of my e-ring will be a drop in the bucket compared to a dp on a house.

[HoneySpider]

DP, even at only 3.5% of a modest house.

My e-ring was not super expensive, especially compared to a lot of rings I've seen here/IRL.

[Tea-rific]

DP by a lot... We put 20% down on our house. I also did not want a huge e ring.

[pi314]

Definitely the down payment

[honeybee]

Down payment.... Ering was only ~ $900