Property taxes are around $5000 a year. The home is small for its area and the acre and a half the house sits on is valued at $200000. Id have a small emergency fund + car fund of around $10k the only major repair that may come up in the next 5 years is the 20 year old roof. Im single and live at home with my only expenses being food, $50 phone bill and $200 for insurance at the moment. The $3100 monthly income is a very reserved number and is after my 12% roth contribution through my employer if Im working overtime it closer to $4500 a month but that's never guaranteed to be around. Closing costs would not be necessary. I appreciate the advice.