<prompt> Human: Hi PersonalFinance,I would like to invest and buy a condo in the city. I was fortunate to be in a good industry after graduating college and have been able to save something. I have about 20k saved up after working and living in NY.My monthly savings a month is at 800-900 with rent at 1000 after ALL expensesI have a student loan debt of 30k dispersed among 7 different loans with interest rates ranging from 5-8 percent. I make a payment of 270 on these loansI have a small bank loan of 4k. The interest rate on that is 3 and I make a payment on that for 200 a monthIs it financially smart to purchase a house300k-400k in my situation? I feel it would be a good investment since I have some extra cash. What is the path to get me there?edit: grammaredit: rent monthly saving almost 2k a monthAssistant: Without your pre-tax income, nobody can really offer any guidance; thats going to be the lynchpin as to what you can afford.Human: good point. will add some details about my current rent. rent monthly savings. I think thats indicative of monthly income  <response>: We need actual monthly income.Affordability is entirely predicated on debt-to-income ratio. Without the income part of that equation, its impossible to know what would be advisable. 