How Much House Can I Afford?
Estimate onlyThree questions, one rough number. This is the simplest starting point — for a fuller picture, including a second income, your term and your own rate assumption, use the detailed affordability calculator afterwards.
Rough property budget
£232,500
Assuming 5% over 25 years. Change those in the detailed calculator.
Indicative borrowing
£202,500
Estimated monthly payment
£1,183.79
Loan-to-value
87.1%
Estimate only
Where to go next
- 1Mortgage Affordability & Buying Budget CalculatorEstimate an indicative borrowing range, property budget, deposit percentage, LTV and monthly repayment from your income, deposit and commitments.
- 2Mortgage Deposit CalculatorWork out the deposit needed for a target percentage, what you have already, the shortfall, and how long saving might take.
- 3Mortgage Repayment CalculatorEstimate monthly payments, total repaid and total interest, with a year-by-year amortisation schedule.
- 4First-Time Buyer Costs CalculatorAdd up deposit, property tax, legal fees, survey, mortgage fees and moving costs — every assumption editable.
How this calculation works
This uses the same calculation engine as the detailed affordability calculator, with the term and interest rate fixed to our published defaults and no second income or other commitments.
Assumptions
- Interest rate assumption of 5% over 25 years.
- Income multiple of up to 4.5× income after commitments.
- Upfront buying costs are not deducted from your deposit here.
Limitations
- Simplified by design — it omits inputs that materially change real lending decisions.
- Not an offer, a decision in principle, or advice.
Sources
Last reviewed: 1 September 2026 · Calculation version 1.0.0
Next in your journey
Mortgage Affordability & Buying Budget Calculator
Estimate an indicative borrowing range, property budget, deposit percentage, LTV and monthly repayment from your income, deposit and commitments.
Open Affordability & budget calculator