How Much Can I Borrow? UK Mortgage Calculator
Enter your gross annual income, your savings and the rate you expect: you'll see roughly how much you could borrow, the most expensive property that buys and whether the income multiple or your deposit sets the limit.
General values (United Kingdom). They don't account for regional rules or other costs that may apply. Check them with your lender or advisor.
More options
In the UK, the limit we apply only counts the mortgage: your other debts don't change it, but the lender will review them and may lend you less.
Enter your income, savings, interest rate and term.
A rough estimate with a fixed payment. Lenders will also look at your other debts and job stability.
Work out the mortgage for this home →Results are estimates. Solvemis accepts no responsibility for the results obtained or for how they are used. Always double-check the result and talk to a qualified professional before making decisions.
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How it works
How to use it
- Enter your gross annual income and the savings you have available.
- Add the interest rate you expect and the term.
- Check the income multiple (4.5 times) and the loan-to-value, and if you like add a share of income for the repayment.
- See how much you could borrow, the property price that buys and which limit applies.
How it is calculated
A property price is worked out for each limit and the lowest applies. Income multiple: the loan can be at most 4.5 times gross annual income. Deposit: your savings must cover the part that isn't lent plus the buying costs. If you fill in a share of income, a limit on the monthly repayment applies too. These are general values for the UK. A second applicant's income is added to yours; other debt payments count the way the country's rule counts them.
Sources
About this calculator
How it’s calculated
Two limits usually decide how much you can borrow in the UK. The income multiple: most lenders lend up to around 4.5 times gross annual income. The deposit: with a 90% mortgage you need 10% of the price, plus the buying costs. The calculator works out the property price each limit allows and shows the lowest.
An example: with £50,000 a year you could borrow about £225,000. With £30,000 of savings and 3% buying costs, the deposit allows a property of about £230,800, while the income multiple would allow about £247,600: here the deposit sets the limit.
What else lenders look at
Lenders run an affordability check on your income, regular spending and other debts, and test whether you could still pay if rates rose. Joint applicants can usually add their incomes together. If you want your own limit on the monthly repayment, fill in a share of income.
Buying costs in the UK
In England and Northern Ireland, Stamp Duty Land Tax is 0% up to £125,000, 2% on the portion up to £250,000 and 5% up to £925,000. First-time buyers pay none up to £300,000 on homes of up to £500,000. Scotland and Wales have their own taxes. Solicitor, survey and lender fees come on top. The 3% filled in is a general value: check it with your lender or adviser.
Frequently asked questions
How many times my salary can I borrow?
Most lenders cap borrowing at around 4.5 times gross annual income, because the Bank of England limits loans at 4.5 times income or more to 15% of new mortgages. With £50,000 a year, that is about £225,000. Some lenders go higher for certain professions or higher earners.
How much deposit do I need?
Usually at least 10% of the price, and 5% with some lenders. Stamp duty, solicitor and survey fees are paid on top of the deposit.
Do lenders look at more than the income multiple?
Yes. They check your spending and other debts and test whether you could still pay if rates rose. That can mean a lower loan than here. If you want your own limit on the monthly repayment, fill in a share of income.
What if we buy as a couple, or I already pay other loans?
Under «More options» you can add the second applicant's income, which is added to yours, and what you already pay each month for other loans, cards or leasing. In the UK, the limit we apply only counts the mortgage: your other debts don't change it, but the lender will review them and may lend you less.
Updated 14 October 2026
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