Mortgage Affordability Calculator

Work out what you could afford and how much it might cost you each month. Our calculator uses real market data

How to use our mortgage affordability calculator

Enter your deposit amount and annual income, and we'll give you an estimate of how much you might be able to borrow for your dream home or investment property.

First-time buyers

Looking to buy a home but not sure where to start? Our calculator can give you a ballpark figure to help kick-start your property search. See how saving more for a larger deposit could increase your buying power.

Home movers

Get an idea of your budget for your next big move. Don't forget to include any equity from your current home when entering your deposit amount.

Buy-to-let landlords

Our calculator also shows how much monthly rent you'd likely need to charge. Lenders typically want your rental income to be at least 125% of your monthly mortgage payment.

Your details

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Your result

With your deposit and income, you could afford a property valued up to

£275,000
Maximum property value £275,000
Estimated monthly cost* £1,045

These figures are only illustrative. All mortgages are subject to the applicant(s) meeting the eligibility of the specific lender. An assessment of your needs will be confirmed before a recommendation can be made.

How our calculator works

Our calculator uses current market data and lending criteria to provide realistic estimates - all calculations verified by our human experts.

Calculation methodology

Maximum property value based on 95% LTV for residential, 75% for BTL
Monthly costs assume 25-year term with current average rates
Income multiples typically 4.5x for employed applicants
BTL calculations include 125% rental coverage requirement

Important Notes

✓ Estimates only: Actual borrowing may vary based on your circumstances

✓ Additional costs: Budget for fees, surveys, and legal costs

✓ Credit checks: This calculator doesn't affect your credit score

✓ Professional advice: Speak to our Advisers for personalised recommendations

Human expertise: All calculations are based on real lending criteria and verified by our qualified mortgage Advisers.

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