You want to know about house how much can you afford then It should be stressed that 3.5 x annual earnings is the high end of what you should be looking at when considering a housing purchase If you make $65000 per year.
It`s better to leverage as little as you can unless you like paying interest to the bank.
Buy a little smaller house,
save more down payment and amortize over the shortest period possible to put your best foot forward.
For more help contact your insurance company they will suggest you very well.
I hope so this helps you a lot.