<prompt> Human: Is it possible to buy a home with a salary of 30,000year?I live in Orlando, FL and have thought about buying a small condo or townhouse. Ive visited a few finance websites to see what my budget could be since Ive never purchased a home before. But the results are pretty different and I read that the results can be skewed on those types of websites. Do I really need to save 20 for a down payment? Assistant: On that salary you will only be able to affordget approved for about 100k-130k. Maybe a condo? There are some programs for first time buyers that might lower the down payment requirement. But you do need something down. Human: Yeah! I shouldve changed the title to condo or townhouse instead of home. Do you really think on a 30,000 salary my budget would allow for 100k? Some of the online calculators said anywhere from 50k to 120-something. I have NO experience with this and the people in my family dont really have experience with it either unfortunately so I have no one I trust to talk about it.  <response>: Keep in mind with condos and townhomes, there is usually an HOA fee on top of your mortgage 