I have gone down this route but I'm afraid that 16K of context is nothing for agentic coding tasks. Even if you use a smarter model directly from an inference provider to plan all the work and then use your own 16GB GPU to execute the plan, managing those 16k tokens becomes unusable at some point even with a minimalistic harness like pi.
For other agentic tasks it's nice, and more than just the budget, it's the data sovereignty that you gain (imagine analysing tax forms, contracts, other legal documents, etc.) in my opinion.