I did the same thing basically. Found a 1500 sq ft house that is just right for me, put 55% down, just enough that I keep a bit of a tax benefit on payments, and spend about 6% of my yearly income on it.
Another guy I knew on the other hand, made $9.50/hour (although he worked 60 hours a week.....Sometimes rofl) and bought a $200k house in Dublin, a $30k truck and a jet ski. He filed for bankruptcy 6 months later. It then took the bank 1 year to kick him out of the house. He had all his buddies move in and trash the place waiting to get booted.