<prompt> Human: For starters, Im looking to buy a specific house for 99,900. Well just call it 100,000.My wife and I have a combined income of 65,000. We also have savings of 25,000. We will put 20,000 down as down payment.I work a lot of overtime about 15 hours per week which pads our pockets heavily. Overtime isnt calculated into the above 65,000.Based on our current living situation and strict budgeting, we can save about 2,200 per month, NOT INCLUDING OVERTIME!My current rent is 800.I recently talked to a mortgage broker and can get a fixed 15-year at 3.3 which makes payments 750 including insurance and taxes.I know there are a lot of expenses with buying a house, but if I just take 1,000 of my 2,200ot per month and put it on the house, it should be paid off in just under 5 years, right?If so, what am I missing? Why are people stuck in 30-year mortgages and refinancing to never come out of debt if Im in a situation where I can pay off a house in 5 years?Let me know where I messed up my math. Thanks!Assistant: Where I live, you cant buy a house or even a shoebox condo for 100k. Starter homes around here are more like 300-400k.Human: Yuck. I hope people make more than 65,000 on two incomes then.  <response>: Nope, not in MA. 