Can we afford a 350K home?My husband and I are first time home buyers. My credit is above 720, his is just starting out. We have 10,000 for down payment. We make about 50,000 a year. When I put in the numbers in mortgage calculators online, it gives us a $145,000 estimate of what we can afford. Problem is, in our area, all you can buy with that is a garage. LOL Is there any way we can be approved for a decent 350-400,000 home? The only debt we have is a school loan of $8000, which I pay $100 monthly. We are very responsible with money, and I'm thinking we would be able to pay $1500 comfortably, maybe 1600. Please tell me there is hope!May 11 2014 - Orange00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.