Originally Posted by hindsight2020

I make less than 50K and I gotta tell ya , unless your wife is bringing in a lot more than you, 200K houses and multiples vacations don't add up on that salary. To save up 40K for that down payment (20%) on 50K pre tax you've must been going at it for a while now. I don't have a car payment, have less monthly debt obligations than you listed and there's no way I'd be able to afford a 200K house on that monthly cash flow. I rent for cheap too so I doubt you can save more than 1500/mo after tax, and that isn't cutting it either for the kind of house you're talking about. You're either about to overextend yourself big time or your folks set ya on easy street down payment wise (I asked mine, surprise they won't hook me up lol). I commend you and identify with your judicious approach to finances, but I gotta pull the BS flag on the reach of that 50K, cause I'm in that bracket and that doesn't get anywhere near to what it's required to fully fund a household, I live in the Southeast which is not as expensive either FWIW.