PLANNING TOOL

Mortgage deposit calculator

See how your cash deposit relates to a target purchase price, the mortgage required and the resulting loan-to-value.

Your figures

Price and available deposit

Keep money for tax, legal work, surveys, moving and other costs separate from the deposit entered here.

Target purchase price

Available cash deposit

This tool does not decide the minimum deposit a lender will accept. Deposit requirements vary with the mortgage, property, valuation and applicant circumstances.

How to use the result

LTV compares the mortgage with the property value. Your deposit is only one part of the cost of buying, and a lender may value the property differently from the agreed price.

Keep purchase costs and an emergency buffer outside your deposit if possible.
Compare the mortgage required with an affordability assessment.
If the figures are tight, test a different price or a larger deposit rather than assuming approval.

Continue your planning

Borrowing calculatorExplore simple income illustrations.LTV calculatorCheck an existing mortgage and property value.Buy-to-let guideConsider landlord-specific lending factors.

Check the whole buying budget

An advisor can help you consider affordability, deposit, lender criteria and next steps together.

Ask for mortgage advice