<prompt> Human: So Im 24 and I have been with my current employer for a year now. Im starting to talk to a realtor and looking for a house. Am I crazy to be buying a house right now? I have 0 in debt and I am already prequalified. I work a lot of overtime so my pay varies between 800-1400 a week take home. My current rent is 950 a month. I live in the midwest so housing prices are not as crazy as CA or most of the other major areas. The houses Im not willing to spend more than 160,000 trying to keep it around 140,000. Im a natural saver and Im just nervous about making a purchase of this size. I do have money for a down payment close to 20.  <response>: You would be fine with a 160k house. Mortgage would be less than 3x take home pay. You could probably go a little higher.I would wait until you have a 20 down payment, plus cash for closing costs and a decent emergency fund.Good luck. 