I own a house in co springs in 80911 to be exact, I make about 77k a year and my house was 342k out the door. Rate was 3.2% however, I live comfortably. Now at a 6% I could still afford it. You at 127k will be more than comfortable. My bill in winter for gas is high my house is 3x2 two story with a basement 1650 SQFT COS utilities sends me a average bill in the winter for 125$ water is about 60$ for me about 80 in the summer when I water my grass.