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How much can I borrow?

  • It is important to know your budget and what you can afford.
  • This calculator can help work out the maximum mortgage amount you can borrow.
  • Our advisors can do the calculations based on individual lenders’ rules.
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“How much can I borrow?” calculator

Potential borrowing calculator overview

Many factors can influence the mortgage amount you can borrow. From your income and outgoings to your credit history and age to name a few. Having said that, income is one of the most important factors.

This calculator helps you work out how much mortgage you could potentially borrow based on your income. Whether you are in full-time employment or a contractor, we have added a section for the most common income types.

Another key point is that most lenders only accept two people’s income. Consequently, if you are planning a joint mortgage, we advise to only use income information for two applicants. Nevertheless, some lenders accept up to four applicants. So if you fall into this category, please get in touch with one of our advisors to go over your options.

Please remember that every lender is different in their assessment, so this tool can only give an indication. On the other hand, our advisors can identify suitable lenders for you and then calculate the actual maximum mortgage amount based on individual lending criteria.

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Our “how much can I borrow?” calculator is a tool to give you an idea about your potential borrowing based on your income alone. Therefore, it is by no means a definitive answer. In contrast, our expert brokers have exposure to whole of the market deals and will help you choose the most suitable mortgage for your circumstances.

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Your potential borrowing will also be influenced by aspects like your age, government scheme type (e.g. Help to Buy) or the property itself. For an accurate calculation, please contact one of our advisors.

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