<prompt> Human: Me and my girlfriend have been together for some years now and we have discussed about purchasing a house together and take the next step in our relationship. She currently have 15,000 saved up and I dont have much saved up due to irresponsibility in my earlier youth. She is 27 I am 28. Were looking to buy in about a year...My boss offered to loan me 20,000 at 1 interest per year. I currently make 2,290 per month and she is currently making around 1,800 per month. All after taxes. I want to pay to loan back in 2 year time span and the budget for home I had in mind is 220,000 in Los Angeles, CA. My monthly expenses is average around 750month. So the question is, should I take this loan offer from my boss?  <response>: Well on paper its a very good deal for you. 20k at 1 and unsecured, deals dont get much better than that. Really your boss is doing it as a favor so you should look at it in those terms.So the question isnt is it a good deal, but other factors. Such as how will this affect your relationship with your boss, good or bad? If you fail to pay him will you also get fired at the same time? Edit: Also not to say theres only downsides, if you do pay it off and are grateful for his fairly generous offer it could be good for the relationship between you and your boss.Also, perhaps the important question is can you afford both the mortgage payment and the payment for this loan at the same time? First figure that out, then decide whether to accept the loan from your boss. 