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Est. Borrowing Power
Income Multiple
Joint Application
4.5×
Estimated Maximum Borrowing
Combined salary
£55,000
Monthly commitments
£150
Est. monthly repayment
£1,398
Enter your salary (and your partner’s, if you’re applying jointly), along with any existing monthly commitments. We’ll give you an estimated borrowing figure based on typical lending multiples, so you can start your search with a realistic number in mind.
This calculator provides a broad estimate based on standard income multiples and does not reflect a mortgage offer. Actual lending is assessed individually and depends on credit history, outgoings, deposit, and lender-specific affordability criteria. Your home may be repossessed if you do not keep up repayments on your mortgage.
Your salary is the starting point, but it's rarely the whole picture. Here's what shapes the number a lender will actually offer you.
Income multiples
Why 4 to 4.5× salary
Most lenders base their initial figure on a multiple of your income, typically between four and four-and-a-half times your salary, or your combined salary if you’re applying jointly. Some lenders stretch further for certain professions or higher earners.
Affordability checks
It’s about outgoings too
Lenders look closely at your existing commitments, credit cards, loans, car finance, even regular subscriptions, alongside your income. Two people on the same salary can be offered very different amounts once outgoings are factored in.
Deposit & loan-to-value
How much you’re putting down
Your deposit affects both how much you need to borrow and the rate you’re offered. A larger deposit can sometimes open the door to a higher borrowing multiple, since the lender’s risk is lower.
A starting point
Remember, this is an estimate
Every lender calculates affordability slightly differently, and some will offer more than others for the exact same income. This figure gives you a sensible ballpark. An advisor can tell you what specific lenders would actually offer you.
See what our happy customers have to say about their experience with us — real stories from people we’ve helped every step of the way.
The questions our clients ask us most about salary and affordability, answered plainly.
How much can I borrow?
Most lenders offer between four and four-and-a-half times your annual salary, or combined salary for joint applications. Some lenders stretch to five or six times income for certain professions or higher earners, which is where speaking to a whole-of-market broker really pays off.
