<prompt> Human: We are planning to buy a house and I wanted another opinion on what we can comfortable afford. 250k Down payment 70K a year After taxes etc. 225 Heating monthly avg 150 electric monthly avg 470 car payment monthly 200 phone monthly paying for mother in law 40 Internet monthly 25 Sling monthly 300 Monthly Childcare avg 290 Car insuranceregistration monthly avg 1k a month for foodout to eat 320 Monthly for Gas avg Average property tax rate is 22.00 per 1,000.  <response>: Wait, with a 250K down payment, why wouldnt you just buy a home for around that amount? Of course I am unsure of the area you are in, I cant imagine why you would have to spend that much on a home with your salary, not even including your other expenses that you listed. Hopefully you have savings or an emergency fund set aside as well. 