MORTGAGE AFFORDABILITY

How much can I borrow for a mortgage?

Lenders start from a multiple of your income. Enter yours and your deposit to see the mortgage, the property price you could afford, and the monthly payment.

An estimate based on an income multiple. Lenders also run their own affordability and stress-test checks on your outgoings and credit, so your real offer may differ.
You could borrow up to:
£157,500
as a mortgage
£187,500
property price
£875
a month
Your deposit Mortgage

How this works

Maximum mortgage ≈ your income (plus a partner's) × the lending multiple. The property price you can afford is that mortgage plus your deposit.

Most UK lenders cap borrowing at around 4 to 4.5 times income, with some going to 5 or 5.5 times for higher earners, certain professions or bigger deposits. Your deposit as a share of the price is the loan-to-value (LTV): a lower LTV unlocks cheaper rates, with the best deals usually at 60%, then steps at 75%, 85%, 90% and 95%. The monthly figure is a standard repayment on the maximum mortgage at the rate and term you set.

Illustrative only. Income multiples are a starting point, not an offer; lenders assess affordability individually against your outgoings, debts, credit history and a higher-rate stress test.

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Illustrative only, not financial or mortgage advice. Based on an income multiple you choose; it does not include your outgoings, other debts, credit history or a lender's stress test, all of which affect what you can actually borrow. The monthly figure assumes a repayment mortgage at a constant rate. Always check with a lender or a mortgage adviser.

See the full mortgage repayment calculator or the stamp duty you'd pay.