<prompt> Human: My number 1 goal this year is to purchase my first home around October. Im currently making 35k, and Im paying 1k a month for rent. Also have monthly debt payments of 100 for credit card, 180 for student loans, and 360 for car payment. All the research I have done is saying that I cannot get even close to a qualifying mortgage for any homes in the area that I live in, even thought I would be paying a few hundred a month less than I am currently paying in rent.So at this point. The thing that I am seeing that would probably help me qualify would be to sell my car when it gets close to time to try and find a lender, and then go a few months without a car, then purchase a car after I have closed on my home. First off, is this crazy thinking? Second, is there anything other options that I havent been able to find yet?Assistant: The basic advice is pay off your existing debt before taking on new debt, as others have already posted. Im sure we could give you more specific advice if you posted more about your overall financial situation - how much do you still owe on each of those 3 debts and at what interest rates? Whats your current budget look like?Human: Car is 16,500 at 1.8. I would get about 2k over that if I sold it. Credit card is 6k at 9.Student Loans are 18,000 all between 4-6  <response>: Ok, so if you want to buy a house, you should sell the car - either buy something much cheaper, or go without a car until you get a house, if you can do so the good news here is youre not underwater on your car loan!. Next, pay off the credit cards. Debt at 9 is really ugly anyhow. Get rid of that - the interest is killing you. Once youve gotten rid of those two pieces of debt, you can begin to consider purchasing a home. As others have mentioned, there are a lot of additional costs to both home purchasing and home ownership that you dont seem to be taking into account - Im not saying its a bad idea at all, but you need to factor those in before coming to a conclusion. 