What narrows the range at this income is debt, not the salary itself. A car loan or a large credit card balance eats into the 44 percent total debt ceiling faster than most buyers expect, sometimes cutting the affordable price by tens of thousands of dollars.
The lender's stress test, which qualifies you at a rate above your actual contract rate, is the real gate here, since it protects against a future renewal at a higher rate rather than testing today's payment alone.
Joel Dyck can connect you with a mortgage broker for an exact pre-approval number before you start touring homes. Get your hand-reviewed valuation from Joel Dyck.