Budgeting question

My wife and I are looking to sell off our house and upgrade in the next 1-2 years. The house is fully paid off and worth around ~325k. We have another 125k in savings. However our income is 110k (my wife is stay at home for our 3 year old and newborn) so any houses we would typically afford based solely on salary would be less houses than we currently have. How do I account for being able to put ~400k down and calculate an appropriate budget for a house with relatively low income coming in?

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u/Dakaraim — 18 days ago