We buy a car which is what we aspire to drive, even if it is above our budget. We but a home based on what we can afford. Is it true or false? Why?

- following the guideliness of a lender advisor, we can arrive to an "affordable"  price, if we should allow a total debt-to-income ratio of no more than36%. We have assumed as well factors in other saving needs, including retirement and college for children. In conclusion, all depends on how much or little debt we have, the down payments and the monthly payments. So, in order to avoid risk, we should calculate, our target monthly payments, our loans terms, the finance rate, the amount owed on our trade-in, and the cash down payment. 

- it' s true, people shop for cars with their hurts, as well as a car that sets your pulse racing might also be the one that would bust your budget, however that would easily be proved too dangerous.