<prompt> Human: My wife and I are considering buying a home. Ive run the numbers a thousand times but want to get second opinions from folks on rpersonalfinance.We currently rent. We are 30 years old. The home is 550k, and we have about 100k saved with another 60k in retirement funds. Only existing debt is about 15k of student loan debt. Our combined income is 240k per year.We are looking to put 10 down on the home, for a mortgage of 495k. All-inclusive monthly cost interest, principal, tax, insurance will be around 3,100 to 3,200 per month. We would plan on living there for a while. No kids as of now but plan to have 1 or 2 soon.Does this sound like something we can afford?  <response>: 240k income. You also can afford to pay off the student loan. 