Use this free salary needed for mortgage calculator to estimate the rough income that may be needed for a target mortgage amount using a simple income multiple.
This calculator is for general information only. It does not provide mortgage advice, recommend any mortgage product or assess your eligibility for a mortgage.
Salary Needed for Mortgage Calculator
Estimate the rough income needed for a target mortgage amount using a salary multiple.
This calculator gives a rough estimate only using the income multiple you enter. It does not assess mortgage affordability, expenditure, credit commitments, deposit, credit history, lender criteria, property type or personal circumstances. It does not provide mortgage advice or recommend any mortgage product. Your home may be repossessed if you do not keep up repayments on your mortgage.
How this calculator works
This calculator divides your target mortgage amount by the income multiple you enter to estimate the rough income that may be needed.
For example, if the target mortgage amount is £200,000 and the income multiple is 4.5, the calculation is £200,000 divided by 4.5.
The results are rough estimates only. This calculator does not assess affordability, expenditure, credit commitments, deposit, lender criteria, credit history, property type or personal circumstances.
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