Don't miss

Frugal Home Buying: We Saved Cash For Our Down Payment

By on January 12, 2011
  • Pin It

My husband and I are 30-somethings.  That term now actually means something to us!  We’ve just purchased our first house (a first for both of us) and we did it with frugal finesse.  How can buying a house be frugal, you ask?  It was frugal because we saved 100% of the cash for our down payment.  Danelle Ice and Michael Simmons Buy a House

Keep in mind that with our growing family, we desperately needed a bigger place to live several years ago.  However, to make that happen, we would have had to not only take out a mortgage on a house, but borrow the money for the down payment as well and accrue interest on that loan!  That was a financial decision we just weren’t willing to make.

So, we got by in a 2 bedroom apartment with 2 parents and 3 kids while we socked that money away for the home down payment.  That’s right – 5 of us in 2 bedrooms and a make-shift nursery!  Once we found out we were pregnant again, we had our down payment saved and were ready to buy a house.  The Lord cleared the way for us and on November 16th, 2010, we closed on our new home. 

We took the whole family to the title company!  My husband and I both thought it was important that the kids be with us when we purchased our first home.  Below, we posed for our realtor after signing the title paperwork.  Left to right, the Ice-Simmons clan: Seven, Michael, Hannah, Truett, and me (Danelle).

Ice-Simmons Family

Looking back on our decision, I’m glad we waited and saved the money for the down payment on our own.  These days, it is so tempting to find a way to make a purchase happen since credit is so readily available.  However, that can more often than not end you up in a financial predicament that is much harder to get out of than it was to get into.

Frugal Home Buying: We Saved Cash For Our Down Payment is linked to Frugal Friday – go check it out!

About Danelle Ice

Danelle Ice is an entrepreneur in Los Angeles and mom of 3. She is the creator of and Danelle is also known as internet personality SimDanelle, the first virtual person. Danelle is a beauty guru on YouTube, vlogger, blogger, and new media darling. She is a current brand ambassador for for Keurig and previous AMD Tech Mom, Kraft Foods Delicious Byte brand ambassador, and Purex Insider.


  1. Sunny C.

    January 12, 2011 at 11:01 pm

    What Wonderful news!!! Congrat’s!!!!!
    I can not wait to see photos of your new home, and what you do with it.
    You, Michael, and your Family all look just Beautiful! Looks like Seven is one smart baby…..she is trying to grab the check book!! :-)

    • Danelle Ice - Home Ever After

      January 13, 2011 at 10:34 am

      @Sunny: Thanks for the compliments! That’s funny- I was thinking the same thing about Seven when I posted the picture. How did she know to go for the money?! lol


  2. Sandra

    January 14, 2011 at 4:28 am

    Way to go! How wonderful not to have to worry about a mortgage payment, ever. Congratulations!

Leave a Reply