I just want to buy a house! Oh wait, I'm a teacher.... Can anyone relate? I've been looking for several months and found a cute little townhouse that I put an offer in on and had accepted! Well everything has been a major struggle since then. The offer was the easy part! A little background... I live in a touristy area and rent here is astronomical. I love my apartment but it's just not practical anymore. The mortgage payment would be a couple hundred less than what I'm paying per month. I have no credit card debt, am on an income based repayment plan for my student loans (get this, the government considers me to have a partial financial hardship with my salary.... Hilarious!), and a reasonable car payment. I find out today that because of the HOA fees on the townhouse, my debt to income ratio will be 2% higher than it is allowed to be. Seriously? A townhouse/condo is all I can afford in this area so anything I find will come with HOA fees.... How is any teacher supposed to buy a house on their own salary? Has anyone else had similar frustrations or experiences? I'm trying to be responsible but I feel like I can't on this salary, and that's with a masters degree! Any advice or words of encouragement would be appreciated. It's been a really tough school year and now with this, sometimes I think I'm going to become part of that 5 year teacher burnout statistic.