<prompt> Human: Newly married, looking to buy a home in Los AngelesSouthbay with the wife. We are looking in areas on the westside, preferably a single family homes vs townhomecondo. Wanted to get this subs perspective on the max we should be paying, both total home price and monthly for the mortgage. Is it crazy for us to buy a property at 1.2mil right now; that seems to be the starting prices for single family in the areas we are looking. Everything below is joint income Savings: 142k in Brokerage Stocks, ETFs, Mutual Funds, Crypto 100k in cashCDs 90k in 401k 85k in RothIRA Cashflow10.5kmo take home pay after maxing 401k ExpensesRentUtilities: 2500mo Food: 500mo Everything Else: 1000mo dogfood, fun spend, gas, etc. No Debt EDIT: Forgot to add in wifes brokerage. Adjusted the amount.  <response>: Is it crazy for us to buy a property at 1.2mil right nowYes. If you threw everything in savings towards a down payment, youre still looking at a 1M loan. Thats roughly 5k in principal and interest alone. There would still be property taxes and insurane. And youre talking about houses starting at that price. 