How much could I borrow?

Enter regular yearly income before tax for the first or only applicant. Leave out uncertain bonuses and one-off payments. This does not decide which income a lender will accept.

Enter the second applicant’s regular yearly income before tax. Enter 0 if they have no regular income.

Use the actual monthly income you receive after tax and payroll deductions, for the applicant or applicants selected. We do not calculate tax. Do not deduct tax, pensions or student-loan payments again if already taken from this figure.

Include loan, credit-card and other credit payments that will continue after the move. Do not include the new mortgage here or payments already deducted from your take-home income. Include each payment once.

Include expected council tax, utilities, food, travel, childcare, insurance and normal living costs. Include rent or an existing mortgage if it will continue; leave it out only if this new mortgage replaces it. Do not repeat credit payments or payroll deductions already counted elsewhere.

Choose what you want to put aside each month for savings or emergencies, separate from the living costs above. Enter 0 only if you choose not to reserve anything.

Enter the mortgage loan you want to test, not the property price. It can be above or below the income example; neither amount is a lender’s decision.

Enter the deposit left after setting aside buying costs, such as tax, legal costs, surveys and fees. Those costs are not calculated here.

Enter the annual borrowing rate you want to model, not APR or APRC. Ask your lender or adviser if you are unsure. No current market rate is assumed; 0% is supported.

Enter whole years. Enter 0 for a term shorter than one year.

Enter additional months from 0 to 11, including 0 for an exact number of years. For example, 25 years and 6 months.