I think your husband would be surprised at how much you could afford with todays prices and interest rates.Besides it should be about affordability. He and you should look at the actual costs and if your payments would be comfortable to you. To get the best rates most lenders are requiring a 680 cedit score and your debt below 30% of the limit. But for FHA most can qualify with a 640 credit score. The rates and guidleines change all the time, so it is good to know where you are currently and what you can afford. I am writing a contract today for $85,000 condo. I just sold a short sale in Orange Park, 1800 sq ft for $117,000. Your payments will most likely be lower than what you are renting for. Also, in Real Estate you make your money when you buy. This home does not have to be your dream home. It needs to be a good starter home without many propblem that you can grow equity. So when you life changes in 5 years or whenever you will have equity in the home so you can upgrade. That is exactly what I am doing. I bought a townhouse and just married with baby on the way. We are happy and payments are low. We know in a few years we will need a bigger house and will be able to afford it because of the equity. It never hurts to look. Good luck.