<prompt> Human: Some background info: 150kyear income, with foreseeable annual 8 raise for the next 2-3 years maxing out traditional 401k and backdoor roth IRA currently thanks PF for the info on IRAs which I opened recently take home 3k biweekly after 401kIRAtaxesexpenses: 1k rent living with a relative now about 500month in other expenses anticipating 1k after moving out no other debtsCurrently saved up 20k in emergency fund, 100k invested in taxable brokerage account short term, moderately conservative strategy with 55 in bonds and 45 in stocks. My plan is to save up to 200k to cover the down paymentclosing costs, etc. in the next 2 years. Using this calculator the monthly PITI will be 3500, which is about 28 of my gross income. Am I on the right track? Any advice is appreciated.Edit: to answer some questions: my job is at south San Jose, and Im looking at the houses in Morgan Hill. The commute will be 15-20 minutes not hitting traffic both ways, so its the ideal location for me. According to Zillow, 600-700k in Morgan Hill will probably get me a 2-3 bedroom townhouse, built after 2000, with around 1500 sq ft the taxable brokerage account is where the down payment coming from. Ill still max out 401k and Roth IRA every year my job is steady unless I quitgot badly sick or injured. The annual 8 raise is for the first 2-3 years, then itll be around 3-4 annually adjusting for inflation  <response>: Bay Area home owner here. I think 600k at 150k sounds fair and is better than most out here. I would recommend putting 20 down, so maybe cash out some of your brokerage account. With the income its nice to get a deduction, but that shouldnt be the main reason that you buy. Also, its hard to buy in the right spot here. Traffic is so bad; there is no spot central to everything. You cant buy a home if you want a short commute because what if you change jobs. I would keep renting if you are trying to keep your commute down. 