Our affordability calculator is designed to help you determine how much house you could potentially afford.


Mortgage Value
LTV:
Salary Multiplier:
Mortgage term:
Interest rate:
Monthly Payment:
Recommended House Price
£ -
Results should not be considered as financial advice or a mortgage quote.
The mortgage details

Given your annual income of £ - , a deposit of £ - and assuming you have a good credit rating you might qualify for a mortgage of £ - .

On a - mortgage term and an approximate rate of - % based on a loan to value of - %, your estimated mortgage payments would be - per month

Stamp Duty

The anticipated stamp duty on this value of property:

£ -

Find out more about stamp duty

Contact an adviser for more information  

This calculator will help you work out the value of the property you can buy and the mortgage you will pay based on the initial investment you would use as a deposit.

Simply add the amount you want to invest as a deposit and the calculator will give you a guide as to a property value and mortgage amount and how much that will cost based on an example loan to value rates.

Typically you are unlikely to be able to find a Buy-to-let mortgage at a higher loan value of over 80% and a lower loan to value is likely to return a better interest rate. You will need additional funds to cover any associated costs. Please see the How much can I borrow section.

If you want to (move home) purchase a property, it is important that you establish how much Stamp Duty you need to pay so that you can budget for this before making an offer.

Stamp Duty is a land tax which applies to any property purchase over £125,000 and the amount of Stamp Duty owed will be calculated similar to the income tax system.

On residential properties, Stamp Duty can range between 0-12% dependent on the purchase price of the property.

Stamp duty calculator

This calculator will give you a guide on how much your property could be worth based on how long you are planning to keep it and what the likely annual increase in property prices will be.

Note: the average house price increase taken from the past twenty years is 5%

There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.

Your property may be repossessed if you do not keep up repayments on your mortgage.

There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.