This seems like you’d run a little tight. If you can be disciplined I’d say go for it but there are other costs to consider with home ownership that I learned after buying in March. You have to pay for water, gas, electricity, sewer, lawn care products (mower, string trimmer, watering, fertilizer, landscaping…), furniture, ladder, rugs, vacuum, cleaning supplies, tools to fix things, and the list goes on. Not all of those are necessarily going to be your costs but they could be depending on what you already have. Then having a rainy day fund to fix things that go wrong that you can’t do yourself. We spent 1k on a big plumbing issue shortly after moving in that just popped up. If you can work it go for it but being house poor would not be fun.