Mortgage Affordability Calculator

Use our handy calculator to estimate how much you could potentially borrow for your new home.

Use this calculator to determine how much you could potentially borrow for a mortgage, based on the typical salary multiples used by most UK lenders.

Your Income

Your Results:

You could borrow up to

Most lenders would consider letting you borrow

This is based on 4.5 times your household income, the standard calculation used by the majority of mortgage providers.

Some lenders would consider letting you borrow

This is based on 5 times your household income, the calculation is often used for those with good sized deposits and/or reasonable levels of income and good credit.

A minority of lenders would consider letting you borrow

This amount may be possible with some lenders, but not most. Those with larger deposits and higher incomes may have more options.

Are you looking to buy a property in the UK? Our Mortgage Affordability Calculator helps you get an idea of your borrowing potential based on your income and typical lender practices. It’s a valuable tool for budgeting and planning your next move.

Please Note: This calculator provides an estimate only and does not constitute financial advice. The Mortgage Pod is not authorised to give any tax or legal advice.

How to Use the Mortgage Affordability Calculator

Simply enter your annual salary and any additional income, along with details of your current financial commitments. Click to see your estimated borrowing amount!

We ensure our calculator reflects the latest borrowing standards, but for exact figures and personalized advice, consult a financial advisor.
Use this calculator to determine how much you could potentially borrow for a mortgage, based on the typical salary multiples used by most UK lenders.

How is Mortgage Affordability Calculated?

Lenders generally assess how much you can borrow based on:

– Your income: Salary, bonuses, and other regular income.
– Your outgoings: Existing debts and monthly expenses.
– The mortgage type: Fixed or variable rates and loan terms.

Mortgage Affordability Factors 2025

The amount you can borrow depends on:

– Income Multiples: Lenders typically use income multiples to determine borrowing limits.

– Debt-to-Income Ratio: The proportion of your income that goes toward existing debts and expenses.

– Loan Terms: The length and type of the mortgage you are considering. Understanding your borrowing potential is just the start.

To get a comprehensive view of your mortgage options and discuss your unique situation, contact The Mortgage Pod. Our team is ready to offer tailored advice and guide you through the mortgage process.

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What our customers are saying about us

Customer service and communication are our strong points, but we don’t expect you just to take our word for it. If you have time, please take five and read what our customers are saying about us and why they rate us as a 5-star mortgage broker.

Tony T.

11:05 13 Feb 25

After being told we could only get a mortgage at a real high rate and we’d have to wait another year for things to change we were put in contact with Steve who was brilliant from the very beginning of the process and sorted out a brilliant rate for us. Cannot fault the service from Steve and his team he’s helped us to be able to get the property we wanted..

Emma C.

19:50 11 Feb 25

Steve was exceptional in helping us secure a new mortgage earlier this year. Steve kept us in the loop at all times and worked hard to find us the best mortgage deal to fit with our needs. He is professional, so helpful, and is great at explaining all the financial jargon to regular people like us! Absolute star 🌟

Philippa C.

17:47 22 Jan 25

Brilliant service...fantastic advice...all done from the comfort of my home and I have a mortgage that suits my needs ...totally recommend

Lara M.

15:51 04 Jan 25

Steve is an amazing person, very helpful and informative. Straight on it with all updates and no question is too small. Would highly recommend 👌

Sam H.

10:59 08 Nov 24

Steve was brilliant in guiding us through securing a new mortgage for our property. He has helped us over many years with previous mortgage deals and has been so helpful, knowledgeable and patient in answering our many questions. He really does have our best interests at heart and nothing is too much trouble. I would highly recommend The Mortgage Pod to anyone interested in getting the best deal tailored to their needs.

Claire L.

12:35 04 Nov 24

Absolutely fabulous service. Both Steve and Ebony were extremely friendly and helpful! I was well looked after and the team at the mortgage pod made what could have been a stressful time much easier. Recommend for anyone looking for help/advice with a mortgage. I am based in Scotland in a listed building and Steve and Ebony had no issues helping me to find the right deal! Cheers guys.

Jesse H.

11:05 01 Nov 24

We recently worked with Steve and Chris at The Mortgage Pod to buy our new home, and we couldn’t recommend them highly enough.

From the outset, Steve carefully assessed our financial situation, offering us practical, clear advice that gave us the confidence to proceed. He took the time to understand our existing mortgage and helped us navigate porting it to our new property with ease.

Chris provided a similar level of care with our protection needs, evaluating our current coverage and working with us to recommend tailored solutions to ensure we were well protected for our new circumstances.

Their communication was outstanding throughout, which made a real difference in reducing the stress of the process. They were always responsive, using WhatsApp to make it easy for us to stay in touch even during work hours, and provided clear, thorough answers to every question we had along the way.

Thanks to Steve and Chris, we felt supported, informed, and prepared at every stage. We’re so grateful for their guidance and expertise!

Alex M.

06:23 05 Oct 24

Steve was absolutely amazing throughout the whole purchasing process of our first home. We had no idea what we were doing and what to expect but Steve helped answer questions no matter how silly or small. Helped us select the best mortgage that suited our needs and circumstances and also got us really competitive mortgage rate!

I would recommend The Mortgage Pod to anyone that wants a smooth and easy experience purchasing a home. Thanks for all the help Steve!

Daniel G.

07:22 24 Sep 24

Steve at The Mortgage Pod was fantastic in helping us secure our first home. Our circumstances weren’t the most straight forward as a Ltd company director with only one years trading history.

Steve was responsive, knowledgeable, and always available to answer our questions. He made the entire mortgage process smooth and stress-free, explaining everything clearly and ensuring we understood each step. Steve went above and handled everything efficiently, we highly recommend him to anyone looking for a dedicated, professional mortgage advisor. Thank you, Steve, for making our home-buying experience a great one!

Now you understand your affordability, talk to us about a mortgage

To get a clear picture of your mortgage affordability, it’s essential to understand all the costs involved in buying a property.

Speaking with a mortgage adviser can help you navigate these expenses and determine what fits within your budget. Contact The Mortgage Pod today for tailored mortgage advice based on your unique circumstances. We look forward to helping you!