<prompt> Human: This might be a long post with a lot of info bit any help would be appreciated.Were in our mid-to-late 20s, currently rent an apartment together for 1250 heat and water included and have been together for a little over a year; I moved in a few months ago. We both make roughly 45k a year each and are expecting raises in the next month or so. Over the past few months weve been dreaming of buying a home together but assumed we were at least 18 months out. The math has changed recently and we might be six months out; the apartment lease is up in December.My SOs parents want us to buy a home as they think its wasteful to keep paying rent. When I heard this I took it as a positive sign that they like me a lot and realize that were very serious about each other. Theyre willing to contribute significantly. I was told 50k, which would be the majority of the down payment and unbelievably generous. The housing market is growing but the average listing in the suburbs outside of work is 250-350k. Now were looking at listings at an accelerated pace and starting to have more frequent heavy conversations about the future. Marriage and children are on the radar but my SO wants to prioritize home buying first, and I value that too. I cant picture her outside of my life and feel extremely lucky everyday as corny ad that sound. With that said, this is happening quite faster than we expected. Its exciting but almost overwhelming; not only the home buying process within our lease period but the potential for contracts to be signed to protect us in the event of a separation. Here are the numbers:Credit scores are both in the 780 range No consumer debt350month car payment for her until 2018500month student loan payments for me ending 202190k combined incomeI currently make 45k but that should grow overtime. The next level above me starts at 75k and Im a few years out. She can contribute 10-15k I can contribute 5k by December without hurting my emergency fund of 5kSo essentially Im asking are we crazy for jumping into this taking into account the generous offer on behalf of her parents?How much home can we feasibly purchase?Weve talked about the need for a cohabitation agreement in case of separation or death; that was hard to talk about. What type of items would make sense for that to cover?Term life insurance to protect both of us?How home equitydebt will be split?Who gets to stay if we break up?Would our payment obligations drop if someone had to move out?Etc.I dont foresee any bad happening but even marriages fall apart. Thanks for reading and any feedback or insight is appreciated!  <response>: If youre not ready to get married yet, you shouldnt buy a house together. Its a real legal mess if things dont work out.Either you buy the house alone or she buys the house alone, or just keep renting until youre ready to get married. 