Typical Mortgage agencies limit you to about 38% of your gross income for all your debt including your mortgage, 28% for the mortgage (plus taxes) alone, so a little over a quarter of your income...
However like the other person who answered this question said, it all depends on the way you choose to live. You can qualify for a mortgage with usually 50% of your gross income being used, sometimes even more if you have equity in the home and money in the bank... If owning this home is what you are willing to work for and sacrifice a few other things, than by all means... but going over 50% of your income for your mortgage and ALL your other debt is not advisable.
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