<prompt> Human: Hello PF,x200B;Having a bit of a personal crisis trying to decide if my fiancé and I are ready to purchase a home.We are in our late 30s wcombined yearly income of 215,000.We want to buy a home in Washington, DC. The asking price is 700k for the home those that know DC know this doesnt buy a lot, but the home is actually in a great area in DC that will only appreciate in value. We have had a dream of home ownership for a long time, and this has been a goal of ours that we have been saving towards. We finally found a great home that has all the bells and whistles we have been looking for although its a bit outdated and will need some repairs over time.Here are the remaining details on our finances:Assets:-100k investment account-20k in checking account-50k in RothSEP401K-75K savings accountDebt all my SOs:12k -Credit Card currently paying roughly 600 per month20K - student loan currently paying roughly 200 per monthIncome:-165k salaryExpenses:Food, MortgageRent, Gym 300, Utilities 300The house mortgage:700k offer5 down 35kClosing Costs about 20KInterest rate 5500 HOA 6k per yearMonthly mortgage payment 5KPrepaying PMI 8k total.x200B;We have been approved for the loan and we have locked in the rate. My fiancé is the holder of the debt, and this concerns me as we prepare to purchase a home.My down payment and closing costs would essentially take my savings account funds.This is by far the largest investmentpurchase we will ever make in our life. Are we nuts? Other info I should provide to get better feedback?x200B;I have spoken to our FA he says go for it, mortgage broker go for it. Yet, I am still super concerned.  <response>: DC blows. Youre in a tough spot because the math doesnt work out but I dont doubt 700k isnt getting you a ton. You should be keeping your mortgage payment around 25 of your take home pay or less.Heres the real issue though: youre arguing you and your fiancé are together and therefore justifying buying this house together but in the same stroke youre saying if you pay off her debts youll have her pay you back. Youre either in it together or not. Theres no buying a house together but saying unsecured debts are separate.My advice would be to go down to the courthouse and sign the marriage certificate, pay off your because they are yours and your wifes together debts and then try to find a house that is a little more affordable or see what you can do to increase your income.Edit: typo 