<prompt> Human: 27m and wife looking at buying a 370k house, well have 80k for a down payment, and I take home 3928 after taxes, savings, health insurance, and 401k contribution. I also make 500 per month as a 1099 musician, consistent 1k net in monthly bonus, and a 6500 check annually from a trust fund, but I didnt want to factor those into this since none of that is guaranteed. Our savings account has 15k in it right now for emergency fund.Based on the quick breakdown below, would I be insane to take on this mortgage of 1950 per month? My current mortgage is 1380. This new house is larger, upgraded, and we can live there forever. We have absolutely no other debts, both cars are paid for and only 4-5 years old. We dont use credit cards and have no student loans or anything.New Mortgage1950Auto Life 141Power120Water60Nat-Gas60Internet 60Youtube-TV 35VZW 205Groceries300Lunches250Eating Out150Baby Formula300Car Gas90Thanks for the help PF!  <response>: You will basically be house poor, that payment is 44 of your net incomemonth. 