Should You Pay Cash When Downsizing Your Home? – 4.16.26

Should You Pay Cash When Downsizing Your Home? – 4.16.26

From Baltimore Washington Financial Advisors Podcasts by BWFA

April 16, 2026 · 31 min

About this episode

The episode discusses the financial implications of paying cash when downsizing your home.

SHOULD YOU PAY CASH WHEN DOWNSIZING YOUR HOME? FROM BALTIMORE-WASHINGTON FINANCIAL ADVISORS WATCH ON YOUTUBE Sandy Hornor | CEPS Managing Director, Wealth Management & Executive Manager Jonathan Wald Vice President, Branch Manager Main Street Home Loans Tessa Hall Media and Communications Specialist, BWFA About This Episode Tessa speaks with BWFA’s Sandy and mortgage expert Jon Wald about downsizing strategies, mortgage decisions, and how to approach buying and selling a home in today’s market. They discuss why many homeowners default to paying off a home in full, and why that may not always align with long-term financial goals. The conversation also explores real-world scenarios, including how equity can be used more strategically, why focusing on monthly payments matters more than the interest rate alone, and how decisions about housing can impact retirement outcomes. To better understand how these decisions fit into your broader financial plan, visit our Financial Planning page. Read Full Description Downsizing a home is often seen as a simple financial decision. However, the strategy behind it can be more complex. In this episode of Healthy, Wealthy & Wise, Tessa…

People in this episode

Hosts: Tessa Hall, Tessa

Guest: Jonathan Wald

Topics covered

  • downsizing
  • home buying
  • financial advice

Keywords

  • cash payment
  • real estate
  • wealth management

Mentioned in this episode

Places: BALTIMORE

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