Mortgage calculator: how much can I borrow?

last updated 2 June 2022

Knowing how much you could afford to borrow for your mortgage is key when deciding to buy a property. Use our free mortgage calculator to see how much you could afford based on your personal circumstances.

Whether you’re a first time buyer who’s looking to get on the property ladder, or a homeowner looking to move to make space for a growing family, understanding the amount you could borrow is essential when it comes to beginning your search.

The calculator is quick and easy to use. Simply input your yearly income before tax and any guaranteed bonuses and hit calculate to find out how much you can borrow.

The amount you can borrow will also be impacted by how much you spend each month and the size of deposit you have.

This calculator provides an indication of how much you could borrow and is intended as a guide. Make sure you speak to various mortgage providers to find the best mortgage for you and your circumstances.

Topics

Home Finance

Sarah is an experienced journalist and editor with more than 10 years of experience in the Homes industry, working across brands such as Homebuilding & Renovating, Period Living and Real Homes. After segueing into the world of personal finance, acting as launch editor of Ideal Home's sister brand TheMoneyEdit.com, Sarah became Editor in Future’s Wealth division with a focus on property-related finance and household bills, working across brands including GoodtoKnow and Ideal Home. She is passionate about helping people cut through confusing jargon to make the right financial decisions when getting on the property ladder and turning a house into a home.