George Kamel

So you're talking, I'm just confused on the math.

And that's two times a month?

Yes.

Okay, so that is $2,200 a month.

No.

No?

Well, here's our housing parameter, Noah, just so you understand.

We recommend the mortgage payment be no more than a quarter of your after-tax monthly income on a 15-year fixed-rate mortgage.

So I just crunched the numbers here for you on our mortgage calculator.

A $200,000 home with $42,000 down on a 15-year fixed, you're looking at about $1,700 out of your $2,200.

Okay.

So that is, you're going to be poor.

You're going to have $200 left over to basically fund everything else in your life.

So you're not ready to buy a home, and I don't think you're in desperate need of a home.

Are you living with family right now or renting?

Okay.

I would work on your income.

That's going to be your greatest wealth building tool.

It's going to give you the ability to buy a home one day and afford the mortgage payment.

But right now, you should be focused on how can I make more in my career?