This is a personalized question that is best discussed with your financial advisor or mortgage provider. Generally, the amount that you can borrow will depend upon your employment history, credit history, current savings and debts, and the amount of down payment you are willing to make. You may also be able to take advantage of special loan programs for first time buyers to purchase a home with a higher value. Learn more about how to calculate what you can afford with our step by step guide to buying your dream house. Please feel free to contact our Shea Mortgage Team directly with questions with questions.