One key consideration. In todays market loans get considered as
0% down dead last.
3.5% down almost last
conventional mortgage second place
cash, top billing and most wanted.
It is always nice to have extra money available to cover problems that eat money when they occur. Furnace and transmission repair or replacement comes to mind.
You also need to cover closing costs.
If you have any job security concerns, it is probably better to rent for awhile. If not, just have a cash cushion to cover some problems just in case.