<prompt> Human: Hello! My fiancé24 I22 are getting married this January 5 more months, woo!. We feel ready to buy a home before the wedding or shortly afterwards but Im looking for thoughts if its a good time financially to do it. Currently we live in a rather small 1 and a half bed room, 1 bath apartment. ___ Income: Me: 1800Month With yearly raises of about 100 a month Fiances: 1,800 - 2000Month Combine Income: 3600Month ___ Expenses Car Insurance: 90Month Student Loans: 90Month Rent: 600Month Utilities: 200Month Groceries: 200Month Phone: 50Month Other: 200Month Total: 1430Month ___ Savings: 1000month We each put 500 a month in savings Total Combine Savings: 25k 5K emergency fund ___ Home were looking at expenses: Home: 132K Insurance: UNK Taxes: 2,000 Year Additional Utilities ___ Future expenses that will come along the way: My car is a 2005.. in a few years Ill probably need a new one. Fiancé will most likely need a car as well Hes walking distance from work so has not needed one Children yikes Though no plans any time soon, we would like to eventually start a family within 5 years. Big expense..!We want to live in a specific town Parents live in the town.. it has a good school.. super peaceful.. fiancés work is within walking distance but homes are a little more pricey 130k is considered pricy in the area I live haha. Does it make sense to purchase one within the year? Or should we be waiting until we save more? Thanks for your insight!  <response>: Youre nearly there. Wait until you have 20 down 26k on a 130k home, closing costs Another few thousand, plus about six months worth of expenses in the bank Probably 12k when your rent becomes a mortgage?. Round it to 40k. Buy your house when you have that in the bank. 