However, your home and the mortgage you use to pay for it have to make sense financially. The last thing you want is to feel squeezed each month by your mortgage payments, worrying about making ends meet.
Using a mortgage affordability calculator, mortgage payment calculator, and similar tools can make your financial position a little clearer. You can take the many factors of a mortgage, from the interest rate to the down payment, and adjust them as needed. Then, you can calculate what matters on a practical level: your monthly payment.