<prompt> Human: Hi PF!Im crunching the numbers and it seems like we would be just fine, but Im just not sure. My take home pay is 1200 monthly and my boyfriends is 1360 after taxes on a bad month. He typically gets about 10 hours of overtime a week, amounting to 510 a month after taxes. He receives 237 a month in disability but pays 300 a month in child support. I receive 400 a month in child support. So monthly income accounting for both child support payments is between 2897-3407. I tend to nanny other children randomly throughout the month and make a couple hundred but its not consistent to where I would want to depend on or include that income. So heres the thing- I own our home. No mortgage. Taxes are 1000 a year. We can rent out the house for about 700 a month, rental income would be 560ish after taxes and insurance. The great news is that since there is no mortgage, overhead is really low so if it is vacant for a month or two it wouldnt break us. My boyfriend qualifies for the VA home buyers program. From what I understand, its 0 down payment and lower interest rates. His vehicle is paid off. My vehicle payment is 240 a month. After next month, we will have no credit card debt and we do not have any student loans. Not much of a savings either, but I would like to have 3 months expenses in savings before we close. Does this seem reasonable? Please bring things to my attention that Im not thinking of.  <response>: What is your budget every month? How much does it cost to live? How much is a home in your area?You really need to get a complete stranglehold on your finances and understand every penny. Sure it might work on paper, but what happens when the furnace in your home now that you would rent out fails? There goes 2500. Uh oh! The foundation shifted in your new home, its going to cost almost 10,000 to raise the house and fill in the gaps so your house doesnt sink. Oh crap, your car died on the way to the grocery store and you have no idea how much it will cost to fix. Can you cover it?There is a lot more that goes in to the finances than the perfect world cut and dry numbers. Plan for the worst, hope for the best! It sounds like you and your boyfriend are making close to minimum wage or slightly over, but you both have children who like to eat. There might be a lot you havent thought about. Im in no way saying you CANT afford a home, but you need to fully understand every cent before you make rash decisions, otherwise you might be posting here in a year in a panic begging for help. Good luck! 