<prompt> Human: My FH and I are in the process of planning a wedding. Were getting married Oct. 2015. I have savings - not a lot right now its less than 5 of a required down payment for the type of home wed like - which is allocated for a down payment on a house. We would probably need some type of loan to make up the remaining 5. Thus far, we have paid for everything for the wedding in cash, but will most likely need a small line of credit to cover additional costs. We expect we will come out on the end after the wedding due to gifts. Combined, we have a solid household income, however little money to put down towards a house. Were currently renting and making by with some money to spare. We have 6 months left on our lease. Should we resign our lease for another year - thus buying a house in 2016? Both of us arent in debt at all. Id like to buy, he would like to wait. Is putting a down payment with half savings, half line of credit a bad idea? Assistant: Wait. You should have a 20 downpayment plus youll have wedding costs and if youre buying a house youll want at least a 6 month emergency fund plus a home emergency fund.Human: Is 20 really realistic these days? For the area we live in average townhomes at at least 500,000. Wed have to put 100 grand down. That would take yeeeaars.  <response>: Sounds like you might be planning to buy too much house on your income. Buying a house isnt necessarily realistic on all incomes in some areas. At the very very least, your income should be 150k-200k to buy a half million dollar home, but even 150k is low.And yea, saving up for a house does take years. Its not something thats supposed to happen right away. 