If your wife is working in a field related to her degree, you may still be able to use her income even if she does not have 2 years on the job. I doubt lenders will consider your income. Your wife has a monthly gross income of about 2333.00. So the most monthly debt obligations you can have would be a total of about 1050.00 per month to maintain a debt to income ratio of no more than 45 percent. with 6000 in cash, you have just enough to close FHA on a small house that needs no repairs and still have a little left over for appliances and misc new house stuff. To know how much you qualify for, as a rough estimate, subtract all your monthly debt obligations from your allowable expsenses (about 1050 as stated above) and what is left over is what the banks will consider you capable of paying (providing your credit is abouit 680 or above). So, if you have student loans and car payments combined at, for example, 450 am month, you would qualify for about 600-650 a month mortgage which would be about an 80-85K house. Really, you need to just contact a mortgage officer and ask them where you stand.
