<prompt> Human: Throw away just because. Also I dont know how to format this post so.. My bad if I do it wrong.My wife thinks that because house pricesmortgages are going up I dont even know if this is true or not, its based on something her dad said because he is a realtor that we should buy a house right now instead of wait until we have enough for a 20 down payment. She just signed with a company and will be starting a month after school gets out. She will be 65k a year. I currently work full time making 45k with a raise that is NOT guaranteed to happen hopefully coming soon up to 50k. We only have 8k in savings with a 3.5k tax refund on the way. We luckily have zero debt because I have paid for her schooling in full from my salary and we only have one crappy car that we paid for cash for. We pay 800 a month in rent and utilities. Our credit score is 744.This is what she wants to do:She has been looking at houses at about 280-290k. Her realtor dad talked to some friend of his that does mortgages and this guy said that because we have an ok credit score we could get a loan for like 10k down but our interest rate would be higher than if we had 20 to put down. My wife and my father in law are arguing that by the time we could afford 20 down, interest rates will be that high anyway but the prices of homes will be higher as well. So they are saying that it is smarter to buy now. But Im not willing to drain our savings because I know that there will going to be hidden costs and lots of other things besides a down payment that we will have to pay for.I legit cant see how she thinks this is smart.This is what I want to do:I want to live off of my salary like we have been doing for 3 years for at least a year after she starts her job and save every penny she makes plus save the money that used to go towards her tuition. This way we will have money for a down payment and extra costs of a home and money left over for our emergency fund. And maybe my way isnt smart either that is why Im here looking for advice.  <response>: It sounds like your wife has decided she wants a house. The financial arguments are irrelevant. She wants a house, so she is going to make the numbers work out to buy one. Having a realtor dad is obviously going to make her biased. You need relationship advice, not financial advice. 