<prompt> Human: Hello, all. I have found this subreddit immensely helpful in the past. Thank you all for any input.Background:31 year old physician, fresh out of residency in private practice. I am married with one child, age 18 months, and another on the way. We are renting a townhouse now 1,950month but are running out of room and have found a home we are interested in buying. It is an older home listed at 450K, but probably needs about 150K worth of work. For simplicity, lets just assume the mortgage would be for 600K.Here is a rough breakdown of our finances:Monthly after-tax take home 20,000. Wife currently not working but has income potential she is an attorney.Emergency fund: 50,000Retirement accounts Roth, 401K, etc 15,000Our current monthly expenditures rent, child care, car payments, food, gas, student loans, etc are 5,000month. This includes a hefty disability policy 13,000month payout and 3 mil term life on me and 500K term life on my wife. We have 2 cars, one I owe 11K on, its worth 12K, loan is at 2. The other is a lease we plan on buying for 15K residual when lease is up in August 2015. It will be worth probably 18 to 20K by the time lease is up we have driven it less miles than anticipated.We have no debt other than the following:- 70,000 student loan at 6.0- 20,000 student loan at 3.5We are eligible for a number of local banks doctor loan program no money down, no PMI. Its my inclination to want to rent for another 12 months, completely pay off the student loans, and then look for houses more seriously. However, a dream house came on the market in our ideal location, and its difficult to let it pass by.Any help is greatly appreciated.Assistant: Can you afford a 450k or 600k home on - what - a 400K gross salary, and an attorney wife that can boost that income as needed? Yup. Easily. Human: 360kyear gross.Im just so debt averse and kind of nervous about having basically zero retirement at this point. Taking on that kind of a mortgage with nearly six figure student loan debt makes me worry. But we do really like this house. My wife is not inclined to go back to work for another 3 years or so. She plans on working part time in non-profit, public sector, or in higher education at that time, so probably salary wont be over 30Kyear.  <response>: I believe if you project your income and assets out over the next 30 years, youll find you dont have much to worry about. 