Mortgage Borrowing Calculator
Our borrowing calculator is designed to help you work out how much you could borrow, which gets you one step closer to owning your own home.
Simply enter a few key details to get an estimate of how much you could borrow.
Please note this is only an estimate and can vary depending on the lender and your personal circumstances.
To get a more accurate quote, we recommend you speak to one of our advisers. They can help you make an informed decision that is right for you.
Alternatively, check out all of our mortgage calculators.
How much can I borrow?
What's next?
Check your mortgage affordability
Mortgage affordability is a test run by a lender to learn how you could afford to repay each month. They want to ensure that you can afford your mortgage repayments as well as your other everyday spending.
Our mortgage affordability calculator can give you an idea of where your borrowing power sits.
We'll ask you for some more information, such as your income and outgoings, then we'll search through a pool of over 50 lenders to give you a more accurate estimate of your mortgage affordability. No credit checks required!
How we can help
We can help first time buyers, remortgages, buy-to-lets, home movers and many more.
- Tailored mortgage advice specific to your needs and circumstances
- Access to over 12000 mortgage deals across 90+ lenders, including ones that aren't available on the high street
- Guidance on which mortgage lender and product to choose
- Protection insurance support and advice to safeguard you and your family
More tools and calculators
Repayment
Calculator
By entering a few key details, we can help you calculate your monthly mortgage repayments.
Find a mortgage
that fits
Our mortgage finder searches thousands of different deals, which means we can help you find something that works for you.
Stamp Duty
calculator
Stamp Duty Land Tax is a fee you may have to pay depending on the property value.
Important information
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Frequently asked questions
The actual amount will depend on the your personal circumstances. Most lenders will offer a mortgage up to 4.5 times your salary, though there are some exceptions.
Use our borrowing amount calculator to get an idea. Our affordability calculator asks more detailed questions to give a clearer picture of your overall affordability by searching through a pool of over 50 lenders. No credit checks required!
Your borrowing capacity or power is typically your annual income multiplied by 4.5, but your deposit plays a role as well. There are circumstances where the lender may offer more or less than this. If you're borrowing with someone else, a lender may combine your incomes.
Use our borrowing calculator to learn more.
If your salary is 30k with a £10,000 deposit, 4.5x your salary mean could borrow £152,500.
You may be able to borrow more with a bigger deposit. Enter some figures into the borrowing amount calculator to find out how much you could borrow.
A deposit typically needs to be at least 5% of the property value. The higher the property value, the bigger the deposit. Alternatively, the bigger the deposit, the more of the property you'll own compared to your loan. This is called loan-to-value (LTV).
Our borrowing amount calculator is a quick-quote style tool designed to give you an indicative amount of how much you could borrow. Our affordability calculator asks more detailed questions to give a clearer picture of your overall affordability.
Our borrowing amount calculator does not affect your credit rating, and you can use it as many times as you like.
Preparing for an affordability assessment
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What is mortgage affordability?
