<prompt> Human: My wife and I are a couple with no children or dependents. We bring in a total of 140,000 per year between the two of us, or about 8000 - 9000 mo after taxes. Weve talked about wanting to own a house but we just dont seem to be there financially, and that is so frustrating when we make a mostly-decent middle-class income.Right now, were renting and each have a car payment along with some other expenses. Ill lay them out here:Item Cost:---:---Rent1050Car Payment One220Car Payment Two525RV Payment210Car Life Insurance450Electric Bill90Phone Bill285Credit Card Payment One300Credit Card Payment Two350Credit Card Payment Three750Consolidation Loan Payment950Educational Loan Payment100Personal Care100Internet TV150Gas Fuel300Bank Fees25Entertainment50Groceries600I believe I have left out some expenses by accident but Ive tried to go over our bank accounts and see what comes out each month. Extra money seems to get eaten up by incidentals like eating out, cleaning supplies, etc. I know the phone bill is higher than average but unfortunately that is simply a requirement relating to business and cannot be altered at the time being.Wed like to reconsolidate those high credit card payments but we have no assets so were not sure we can even find a way to do that. Are we stuck?All that aside, we are average middle class, so I dont see why we cannot afford a home. There must be something we can do? Assistant: This hasnt been asked yet : how much do you have saved for your home? Your post says no assets... If that is the case then it doesnt seem like youre in a position to purchase. how much time is left on those leases? whats an estimated price range for the home youre looking to buy? Are you able to get a home where the payment including taxes insurance is similar to your rent?Human: We have nothing saved for a home, and wed probably be looking at a home in the 600k range. Im not sure if we could make it similar to the rent as our rent is artificially low.  <response>: If you put 120,000 down on your home purchase of 600,000 then your payments will be 2850month including an estimate for taxes and insurance.There is no way in hell that 140,000 equates to a 600,000 house. I think the rule of thumb is NO MORE than 3x your salary. But even that with 20 down is still 2015.You have no savings. You have 3405 payments every month in debt payments. Not only that but:Extra money seems to get eaten up by incidentals like eating out, cleaning supplies, etc. So you arent even saving any money.You have been living a lifestyle way beyond your means by having that much in debt. Until you live within your means, which I suggest you start doing, youre never going to get a mortgage for a home without a downpayment and even if you have 20, that mortgage couldnt be for more than 200K WITH 40k down loan for 160K.This really isnt a crazy question of I seem to make enough money that I would be expected to be able to afford a house. You have been over-spending all of your income every single month which has left you with no room for a mortgage. Your ability to pay for a house is not just a function of your income.This situation is borderline trolling. 