£
£
£
£
E.g., credit card debt, loans, childcare.
Your estimated affordability:
Maximum property price
£250,000
Your deposit
£25,000
You could borrow up to
£225,000
Estimated monthly payment
£1,208
Work out the maximum property value you could afford based on your income, deposit, and financial commitments. Get a quick estimate of how much you might be able to borrow for a mortgage.
E.g., credit card debt, loans, childcare.
Maximum property price
£250,000
Your deposit
£25,000
You could borrow up to
£225,000
Estimated monthly payment
£1,208
How to use this Calculator Site tool
Enter your annual income, your deposit amount, and any outstanding monthly financial commitments. If you're buying with a partner, add their income for a combined affordability estimate. The calculator will then show the maximum property price you could likely afford.
This House Affordability Calculator from Calculator Site offers a valuable first look at your potential home-buying budget. It employs a standard income multiplier of 4.5 times your gross annual income to estimate the mortgage amount a lender might offer. This is a widely used benchmark for initial assessments in the UK mortgage industry. The total mortgage amount is combined with your deposit to determine the maximum property price you could realistically consider. Remember, this is an estimate to guide your property search.
£285,000
Avg. UK House Price (2026)
10% - 20%
Typical Deposit Range
4.5x Income
Common Lending Multiplier
Beyond your basic income, lenders scrutinise several other factors. Your credit history provides insight into your reliability as a borrower. Existing debts, such as car loans or credit card balances, reduce your disposable income and thus your borrowing capacity. Lenders also assess your employment stability and regular outgoings. To get a more concrete offer, you can seek an 'Agreement in Principle' from a lender, which we cover in our guide to the home buying process.
For Guidance Only
This calculator provides an estimate for informational purposes and does not constitute financial advice. The actual amount you can borrow will depend on a full affordability assessment by a mortgage lender.
Property decisions are among the biggest financial commitments you will make. For more detailed mortgage planning, our Mortgage Calculator is an excellent next step. To see how extra payments could affect your loan, use the Mortgage Overpayment Calculator. And for your savings goals, the Compound Interest Calculator can be very insightful. For government-backed schemes that could help, visit GOV.UK home ownership schemes.
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