<prompt> Human: Some background.Looking to make about 120,000 this year Sales Commission50k in Student loans and 15k in Car Payments. Looking to buy a house and have the girlfriend move in. I am looking at about 250,000-300k to start with. I currently have close to 30k in savings and will have around 45k by the end of the year. We are currently both renting separate apartments and paying 2,500 a month. I was looking at doing an FHA Loan and putting about 6-7 down.What does everyone think about this?  <response>: If it were me, Id pay off the car payments and then the student loans before I bought a house. A 250k home wouldnt bother me on that income, but the rest of the debt does. You might find your monthly budget tighter than youd expected, especially if things dont work out perfectly with the girlfriend contributing towards the house payment.If youre absolutely going to do it before knocking out the debt, dont do an FHA loan with 6 down. PMI MIP is stuck for the life of the loan with an FHA mortgage. Ideally you would want to do 20 down on a conventional loan which you could keep saving and make happen quick enough. If you wont do that, at least go with a conventional loan anyway so you have the option to pay down early and remove PMI. 