<prompt> Human: My friend didnt give me much information but wants me to ask reddit if you think he could get pre approved for a house. The house is roughly 400k, he has 175k hes willing to put down on the house. But the issue is that he only makes 50k a year. His credit is very good. Obviously there are other things that may influence this but he wants to know if its possible.Thanks!  <response>: What are your property taxes like? Those are based on the price of the house, as is insurance to some extent. The overall mortgage payments could be higher than he is anticipating. 