<prompt> Human: Our Finances :My Annual Income Gross65,000:-:-My Wifes Annual Income Gross60,000Car Payments Monthly-800Food Monthly-400Car Insurance Monthly-300Health Insurance Monthly-300Phone Bill Monthly-175Utilities Monthly-125Vision Dental Monthly-100Power Monthly-150Credit Debt Payments Monthly-200Gas Monthly-120My Student Loan Payments Monthly-1655Wifes Student Loan Payments Monthly-577Total Monthly Expenses : -4902Total Estimated Monthly Income : 7416x200B;The loans in my name are already refinanced, but they are fairly sizable so the payment cant come down any further. Where we are stuck is figuring out whether to rent or buy. We have pets and bad experiences with renting houses so far so we lean towards buying, but we only have about 3000 in savings and around 4 months to save for any kind of down payment. At the moment we are renting a house with roommates, but we are moving out when our lease is up and we are trying to determine what the best course of action for us would be. If it helps, we live and work in the Northwest GA Atlanta area.x200B;Should we rent or could we buy? What should the budget be for a house with our finances?x200B;  <response>: You have 3000 in savings. Youre going to be renting. No one except VA loans is going to qualify you for a mortgage without a downpayment of at the very least 5 but realistically 10 to 20. I suggest looking for the cheapest you can get and trying to get an emergency fund and paying off loans. 