<prompt> Human: A little background - My wife and I are both teachers in TX and are in our mid-twenties. Looking to buy a home in the DFW area.Our take-home income is right around 6,300 per month. This will not increase or decrease dramatically over the years due to the structure of our salaries ideally it will raise slightly every year, but that isnt always the case. We currently have about 33,000 sitting in savings and we add about 3,000 to that every month from our monthly income. We could save more by spending less on food, but currently we spend half and save half of our monthly income. In terms of debts, we have already paid off our student loans, so all we have is a 400 monthly car payment.TL;DR up to this point- Monthly income - 6,300 Current Savings - 33,000 3,000 per month Monthly Debts - 400We cant decide what our price range should be for a house. We still want to be saving a chunk of money every month even if it isnt 3,000. After looking around in our area, most of the homes that appeal to us are upwards of 200K, and some of the ones that are really attractive to us are over 250K. Can we afford that? We plan to live in the house we buy long-term, considering we both have strong job security and this is an area we want to eventually raise children in.In 6 months, our savings will be around 50,000, and next summer well have nearly 70,000 in savings. We arent particularly in a massive rush, but also we definitely want to be in a house by next summer.My question is what can we afford now vs 6 months from now winter is supposedly a good time to buy? Keeping in mind that its important to us that we can still set aside a good amount of money per month for investments etc.  <response>: We cant decide what our price range should be for a houseI would go no higher than 2.5-3X your annual salary, with 20 down. That will keep you from being house poor. You should easily be able to afford something at 250k if youre bringing home 6300month. Just put 20 down to avoid any MIPPMI and youll be fine. 