Currently, as a professional, you may indeed qualify for a mortgage valued at up to five times your salary. Some lenders even consider extending this to 5.5 times your salary an occasionally over 6 times salary.

However, several key considerations should be noted. Firstly, higher income multiples are typically offered to individuals with relatively high earnings and those opting for longer mortgage terms. Secondly, and more importantly, just because you’re eligible for a sizable loan, it doesn’t necessarily mean it’s prudent to accept it.

Every individual’s financial circumstances differ, as does their approach to managing money. It’s crucial to undergo a thorough assessment using a detailed budget planner to ensure that you can comfortably manage the mortgage payments both presently and in the future.