<prompt> Human: Hey everyone, first time home buyer here. Checking a couple mortgage calculators Im finding I probably will not be approved for a large enough mortgage to buy anything decent. I would like to buy a 3 bedroom property, live in one room, and rent the other two, but after checking Im not able to afford much at all.Here are my current financials:30k cash Have more saved as emergency fund760 credit scoreIncome of 3,200month before taxDebts of 750month car and student loansIm assuming I leave my other expenses like auto insurance, cell phone, etc off this?When I check mortgage calculators I assume:20 down4.5 interest rate2 property tax1 insuranceAll of this together in the calculator says I can afford a 95,000 home. Does anyone know if I have any other options? Would an FHA loan approve me for more? In my area 95k wont get far. I was looking more around 150k thus the 30k for 20 down for a decent, smaller fixer upper style home.I think its because of my debt to income ratio. So would it be a good idea to take my down payment, pay off a good amount of my student loans to lower debt, then get an FHA loan with 3.5 down?TL;DRProbably wont be approved for large enough mortgage, what options do I have to be able to afford a bit more home?  <response>: Dont not buy anything before you pay off car and student loan. Sorry you are not financially ready for a house. 