Why borrow what you can't afford on your own? Why do you need a 3000sqft home for 500k to live in? Did you grow up thinking your life was going to be like your parents or grandparents? Big cushy home, multiple cars? Sorry bud, but your living a life of jealously for those who lived before you. You want what they had. If you want to emulate that life, sure, take out a loan for 500k. Pay back 750k. Not everyone wants to live OUTSIDE their means. Aka, take out huge loans for large houses.