I want to save enough of a down payment that we won’t have to have mortgage insurance (20% down payment). In addition, I would like to have an extra chunk of change “just in case” something major happens. First, however, we have to pay off a good batch of debt. My truck and a large credit card of my husband’s WILL be paid off this year… that’s over $7k in debt. I wish all our debt was already gone and we could save all that cash towards a down payment… but that’s life.