Get your finances in order

Part 1: Understand how much you could borrow for a mortgage

Our mortgage affordability calculator will help you get a rough guide of the maximum amount you could borrow for a mortgage, based on typical circumstances.

In recent years, mortgage lending criteria has changed for the better, to ensure people don’t end up with mortgage loans they can’t afford. The calculator below looks at a multiple of your annual income, which is just one of the ways lenders use to calculate your mortgage affordability.

When you apply for a mortgage, lenders will also look at your income, expenditure and other factors such as your credit history. By the end of this series you will understand how mortgage lenders see you and how to increase your chances of getting the property you want.

How much can I borrow?

Applicant 1

Please check this figure is correct. Annual salary expected for example £25,000.

Applicant 2

Your Savings

Step 2 of 2

Your Target

Please check this figure is correct. Property price expected for example £150,000.

The maximum amount you could borrow is between:


The maximum amount you could borrow based on your income is between:

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* This calculation is based on a multiple of your income using typical mortgage lenders criteria. Your deposit is not used in this calculation.

A typical 10% deposit on these amounts would require you to save between:

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This would mean including your {{ result.depositSaved | currency('£', 0) }} deposit, a total property price between:

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Most lenders will require at least a 10 - 15% deposit (Before Covid-19 it was 5% but this changes weekly). You may be able to borrow slightly more or less depending on your individual circumstance such as your credit history and current outgoings. Make sure you check with a broker or lender before starting your property search or applying. Let's explore your result below:



We take your privacy seriously and want you to be clear on where you stand. This service is provided purely to give you help towards getting on the property ladder. By signing up you agree to our terms & conditions .

What are my next steps?

Up next we help you continue to build a picture of your finances with 3 helpful steps:

  • Calculate how much your monthly mortgage payments would be
  • Check your credit history for any potential problems
  • Calculate your potential move costs such as stamp duty and legal fees

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Need more help?

Find Your Perfect Mortgage Adviser

Talking to a friendly mortgage adviser can save time and hassle and help you get clear on what the best next steps are for you. They can help you work out your finances and what you can borrow. Our advisers are happy to speak with you even you are just getting started.

When you are ready they will find you the best deal for you and make your mortgage application easy. And better still our advisers can also help you put together the right team to ensure your sale goes smoothly. Answering all your questions every step of the way.

Learn more and discover advisers in your area today

  • Get a proper check on what you can afford
  • Find out what deals you qualify for
  • Let them explain everything to you
  • Save time with the application
  • Get help dealing with estate agents and conveyancers
  • Have a dedicated adviser to answer your questions at every stage

The legal part. Move Engine is a business set up to help buyers through online help such as the article above. Whilst every effort is made to ensure the accuracy of our tools and articles you should always seek your own personal advice for your specific circumstances from an FCA approved advisor or lender. Move Engine can not accept responsibility for your actions as a result of the generic information supplied on our site and tools. If you notice a problem with any of the tools or information provided then please report it to hello @

Remember: Nothing is impossible. Sometimes all you need is a plan.