🏠 How Much Can I Borrow?

Estimated borrowing power from income, deposit and outgoings — typical lender criteria

£
£
£
£
Loans, car finance, credit cards, childcare

Estimated Borrowing Range

—
potential mortgage (4–4.5× adjusted income)
Estimated Max Property Price—
Your Deposit—
Resulting LTV—
Est. Monthly Payment (4.5%, 25yr)—
⚠️ Indicative only. Lenders run full affordability assessments — income type, credit history, dependants and spending all matter. Speak to a whole-of-market mortgage broker for accurate figures.

How Lenders Decide What You Can Borrow

Most UK lenders cap borrowing at 4 to 4.5× annual income (occasionally 5–5.5× for higher earners or specific professions). But the multiple is only the start — affordability assessments stress-test your income against outgoings, existing credit commitments, dependants and projected interest rate rises.

How Commitments Reduce Borrowing

Lenders typically deduct annualised commitments from income before applying the multiple. £200/month in car finance can reduce borrowing power by £10,000+. Clearing small debts before applying can materially increase what you can borrow.

Boosting Your Borrowing Power

  • Clear or reduce credit commitments 3–6 months before applying
  • Larger deposit → better LTV band → better rates
  • Check your credit reports (Experian, Equifax, TransUnion) and fix errors
  • Consider longer terms (30–35 years) to improve affordability — though total interest rises