<prompt> Human: My wife 26 and I 28 have been looking for a new place to live. We recently sold our old house in preparation of buying a new one. We have plans to stay at this house long term hopefully having children in the next couple years.We have been looking at houses around 250,000 all the way up to 280,000. I am looking for a quick sanity check as to the price range we are looking at and what we will likely be comfortably able to afford on a mortgage. Credit score is 754 according to credit karma. We no longer have any student loan debt as my wife graduated this year with a bachelors and we were able to pay off what she had in student loans at the beginning of this year.Monthly Take Home Income:My income Programmer if it matters: 5260Wifes income Accountant if it matters: 2130Assets:401K: 55K putting only 6 in monthly currently, Planning on increasing to whatever next raise is, likely an additional 10K if my raises continue as they have the last several yearsBank account 1: 55KBank account 2: 37KBank account 3: 3KStock account: 6KMonthly required bills:Car Payment 1: 354 12 months remainingCar Payment 2: ? Wife needs a new car due to agreement with her parentsCar Insurance: 200 Full coverage 2 cars, accident within last yearGym Membership: 20Pandora: 8Netflix: 8Cell phone: 80That is all of the information I can think of. The plan is to put down around a 20 down payment on the house. Is a 270K house reasonable for our income with a 20 down payment?  <response>: Thats your take home income, meaning net after taxes? Combined income is great! Id estimate youre grossing about 130kyr; your debt is very low almost none existent - good. To put this in perspective: with 130kyr income most lenders would have no problems giving you a mortgage for 400k with excellent credit of course. Dont do that though - if you see a 270k house you like then by all means buy it!Since you plan on having kids also consider that one of you may consider staying at home in the future. Could you afford the 270k house on one income? Most likely yes with the 5260 but youd probably have to reduce spending habits being youll be out the 2130mo. On 5260mo your top end is a 270k house. 