Use this free mortgage affordability calculator to estimate a rough mortgage amount using income and 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.
Mortgage Affordability Calculator
Estimate a rough mortgage amount using income and a simple income multiple.
This calculator gives a rough estimate only using the income and income multiple you enter. It does not assess mortgage affordability, expenditure, credit commitments, dependants, credit history, deposit, property type, lender criteria, interest rates, product fees 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 adds the annual income figures entered and multiplies the total by the income multiple selected.
For example, if total income is £50,000 and the income multiple is 4.5, the rough mortgage estimate is £225,000.
The results are rough estimates only. This calculator does not assess mortgage affordability, expenditure, credit commitments, dependants, credit history, deposit, property type, lender criteria, interest rates, product fees or personal circumstances.
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