<prompt> Human: I havent spoken with a lending company yet, but Im looking into buying this house for 130k located in the suburbs in charlotte nc. The house will be newly built and I would be the first to live in it. My monthly income 2400Expenses- 100 car insurance should drop lower over the summer 25 gym membership 85 cell phone billTotal monthly bills 210I have 0 of debt. Nothing in collections, no balance on credit cards that isnt paid in full monthly. Credit score is 625 credit karma. I have less than 1000 in savings. Currently i pay 450 a month in rent all utilities included. I really want to buy a house to build equity, I already have a close friend who would move in with me, but I want to be able to afford the house on my own without any help.  <response>: No, you cant afford a house, at least not a house that expensive. That house is five times your annual take-home. You also have no savings for a down payment. You need to work on improving your income and saving more before considering a house. 