The amount you can borrow for a mortgage depends on several factors, including your income, debts, credit score, and the lenders guidelines. To determine how much you can afford to borrow, you can use a mortgage affordability calculator, which takes into account your monthly income, expenses, and specified mortgage rate. Some calculators also consider your credit score, interest rate, loan term, cash reserves, expenses, and debt-to-income ratio. The general rule of thumb with mortgages is that you can borrow a mortgage that costs up to two and a half (2.5) times your annual gross income. However, this is not set in stone, and lenders may approve you for more money than you expect. Keep in mind that its not just what you can borrow, but what you can afford to repay that matters. You should consider all homeownership expenses, including insurance, taxes, and other costs, as well as your other regular monthly expenses. Its also important to assess your own financial situation, consider your short-term and long-term goals, and make decisions that align with your personal situation and objectives.