Mortgage Calculators
Use these simple mortgage calculators to explore an illustrative borrowing range, estimate a deposit and work out your loan-to-value (LTV). They are useful starting points, not a mortgage offer or a substitute for a full affordability assessment.
Mortgage borrowing, deposit and LTV calculators
Income, commitments, property value, deposit size, credit profile and lender criteria all affect what may be available. Use the illustrations below to prepare questions for a mortgage advisor.
Estimate how much you could borrow
Enter your total gross annual income to see two simple income-multiple illustrations. This is a starting point, not a lender affordability assessment.
Actual borrowing depends on income, expenditure, deposit, credit profile, term, property and lender criteria. The 5.5× illustration is not available from every lender and neither figure is a promise of borrowing or acceptance.
Calculate the deposit you may need
Choose the property type, then enter a purchase price and mortgage amount to estimate the deposit, deposit percentage and illustrative mortgage LTV.
As a starting point, a residential purchase is shown with a minimum deposit of 5% and Buy to Let with a minimum deposit of 25%. Lender, property and borrower criteria can require more. This is an illustration only. Actual deposit requirements depend on the lender, property, valuation and your circumstances. Keep separate funds for fees, tax and moving costs.
Calculate your mortgage LTV
Enter your property value and outstanding mortgage balance to calculate an illustrative loan-to-value percentage and approximate equity.
A lender may use its own property valuation, and LTV is only one part of its assessment. Products, pricing and criteria vary by lender.
Talk to a mortgage advisor
Our calculators provide illustrations only. Share your details if you would like an advisor to discuss your income, commitments, deposit or equity, property and objectives.