What is the most the bank allows you to borrow when buying a home?
The general rule is that the maximum loan is 3 times your annual salary but there are other factors such as your credit and length of employment.
Depends on :
1) your income
2) your bills
3) your credit
4) the type of loan: Some allow no down payment, most do not
Rule of thumb is that your monthly mortgage payment should not be more than 1/3 of your monthly paycheck. how much you can borrow then decides on your credit, other credit obligations, the interest rate and the length of mortgage you elect to take. Longer mortgages allow you to borrow more but you repay more interest over the longer term.