<prompt> Human: Im currently on easy street -840 rent affords me a super nicely done attic in a great neighborhood with washer dryer, kitchen, parking, internet cable and a large one bedroom. My amazing landlord hasnt raised the rent in 6 years. I just pay for heat which unfortunately is electric baseboard. I come in at just under 1000 month all said and done. Its time to buy, at least, I really really want to. No debt. Student loans are taken care of. Car is paid off. Savings is weak, about 2000. I make a NET of about 3200 a month with mileage checks every 4-5 weeks to the tune of 500-600. Ive been approved for a loan up to 300k. I was thinking in the 200k region. At 3.875 for a 30 year conventional loan. Parents have amazingly told me theyd be able to help with about 5000 for a down payment. My concern: my mortgage banker tells me Ill be at about 1380 for a monthly payment including taxes Utilities on top of that about 300-400. Internet probably 60-80. To hell with cable. Am I flying too close to the sun? Im almost doubling my housing dues, eradicating my savings for down payment and earnest money and leaving me with just about 400 plus mileage check for everything else for the month. Do I wait longer and pad my savings up to 10k, 20k? Do I take the plunge? Do I buy considerably cheaper and fix up over time?Im confused but also being pressured by people close to me who, with good intentions, want to see me in a house.EDIT- Everyones responses have been swift and the voice of reason. Im 37 and feel like Im desperately behind some perceived curve of adulthood by continuing to rent. Adulthood doesnt mean taking big responsibilities lightly though- I appreciate all the amazing advice. It will be heeded.  <response>: Seems like you are trying to buy too much house? Thats sounds crazy to me that youd be approved for 300,000 with only 2,000 in savings. The housing market has to be worse off than I thought. You should definitely save up more money and buy way less house. 