If you have the income to support a $3k/mo housing cost you should be saving enough to afford a $100k downpayment in a few years. Also, as another poster pointe

If you have the income to support a $3k/mo housing cost you should be saving enough to afford a $100k downpayment in a few years. Also, as another poster pointed out, it probably qualifies for an FHA loan with much lower down payment.