<prompt> Human: I currently live with my parents at 25 and am saving for a down payment on a condohouse. I have my eye on this one condo in particular that is 285k. Am I way out of my price range to consider that? Consider that I am very frugal in all areas of spending, have my car paid off, student loans paid off, free health insurance through work. Really my only monthly expenses are foodgasphone which is around 500 a month total. I take home about 3500 a month, dont have any pets, dont want kids and am in no hurry to get married. Have around 15k saved for a down payment but could have around 45k by years end at my current savings rate. Curious about peoples opinions on what I should put down as well. Thanks!  <response>: As someone who is in the same income range as you first I have to ask with your take home of 3500month if youre contributing to a 401k at all? If not, then follow the prime directive in the sidebar and refigure the cost of property ownership after that.As for your question, the short answer is you cant afford it. Go live in an apartment for a year to figure out what it is like to live in an environment like that first and foremost. Second, I also was looking at property for myself and financially I couldnt justify any mortgage loans over 200k, even with a fiscally conservative lifestyle. You need to factor in home owners insurance, property tax, utilities, and maintenancerepairs to the monthly mortgage payment that you havent experienced yet. 