Mortgage calculator: how much can I borrow?
Use our mortgage calculator to see how much you could borrow
Knowing how much you could afford to borrow for your mortgage is key when deciding to buy a property. Use our free mortgage calculator to see how much you could afford based on your personal circumstances.
Whether you’re a first time buyer who’s looking to get on the property ladder, or a homeowner looking to move to make space for a growing family, understanding the amount you could borrow is essential when it comes to beginning your search.
The calculator is quick and easy to use. Simply input your yearly income before tax and any guaranteed bonuses and hit calculate to find out how much you can borrow.
The amount you can borrow will also be impacted by how much you spend each month and the size of deposit you have.
This calculator provides an indication of how much you could borrow and is intended as a guide. Make sure you speak to various mortgage providers to find the best mortgage for you and your circumstances.
Get the Ideal Home Newsletter
Sign up to our newsletter for style and decor inspiration, house makeovers, project advice and more.
Sarah Handley has been Ideal Home’s Section Editor for Renovation since September 2024, following three years of looking after the site's home finance content. She has been a journalist since 2007 and has worked for a range of titles including Homebuilding & Renovating, Real Homes, GoodtoKnow, The Money Edit and more.
-
How to isolate a radiator in 3 simple steps - experts explain how to carry out this task yourself at home
Learn how to isolate a radiator now just in time for any winter repairs
By Kezia Reynolds
-
I put the Simba Hybrid Duvet to the test to see if its 'cool tech' would stop me overheating in bed - here's what happened
As Ideal Home's Sleep Editor and a self-certified hot sleeper, I tested the Simba Hybrid Duvet on my own bed to see if it's 'cool tech' is worth the investment
By Amy Lockwood
-
These are the 4 things I wish I knew before buying outdoor solar lights, so you don’t make the same mistakes I did
Outdoor solar lights can be both effective and aesthetic, but only if you buy the right ones
By Lauren Bradbury
-
You can claim back over £300 a year from HMRC if you work from home - here’s how to check if you’re eligible
When it comes to saving, every little helps
By Kezia Reynolds
-
Experts have revealed the best day to renew your home insurance policy - you’ll want to do it sooner rather than later
Don't leave this task at the bottom of your to do list
By Kezia Reynolds
-
Is a variable rate mortgage ever a good idea? Experts weigh in
Our money expert explains what a variable rate mortgage is, who they can be good for, and the pros and cons of this kind of mortgage
By Samantha Partington
-
I’m a first-time buyer, what are my chances of getting a mortgage right now?
And what you can do to increase your odds
By Rachel Wait
-
Should you ever pay above the asking price for a home?
Our money expert explains whether you should ever pay over the asking price for a home, especially if house prices fall as predicted
By Samantha Partington
-
Should I fix my mortgage and how long should I fix for?
We speak to the experts to find out whether you should fix your mortgage and how long for as well as the impact further interest changes could have on your decision
By Samantha Partington
-
We put your mortgage questions to two leading experts, here's what they said
As mortgage panic continues, we've answered the most common questions - from when mortgage rates will come down, to when you actually have to pay stamp duty
By Samantha Partington
-
'My mortgage is set to skyrocket - what should I do?' 5 potential solutions from a money expert
If you're facing higher mortgage costs, our money expert explains various courses of action you could take to ease the pressure
By Samantha Partington