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How much can you borrow · Monthly repayments · Deposit scenarios
Maximum Borrowing
On a £100,000 salary, you can borrow up to £450,000 (4.5× income). Monthly repayment: £2,630.66 at 5% over 25 years.
Max Mortgage
£450,000
Monthly Payment
£2,630.66
Take-Home After
£3,082.46
% of Income
46%
| Deposit | Property Price | Deposit Amount | Monthly Payment | Left Over |
|---|---|---|---|---|
| 5% | £473,684 | £23,684 | £2,630.66 | £3,082.46 |
| 10% | £500,000 | £50,000 | £2,630.66 | £3,082.46 |
| 15% | £529,412 | £79,412 | £2,630.66 | £3,082.46 |
| 20% | £562,500 | £112,500 | £2,630.66 | £3,082.46 |
Based on 4.5× income multiplier, 5% interest rate, 25-year term. Actual rates and multipliers vary by lender.
| Deposit | Property Price | Standard | First-Time Buyer |
|---|---|---|---|
| 5% | £473,684 | £11,184 | £2,434 |
| 10% | £500,000 | £12,500 | £3,750 |
| 15% | £529,412 | £13,971 | £5,221 |
| 20% | £562,500 | £15,625 | £6,875 |
England & Wales standard residential rates. First-time buyer relief applies to properties up to £625,000.
Financial advisers recommend spending no more than 30% of your take-home pay on housing. On a £100,000 salary with monthly take-home of £5,713.12:
Max Monthly Housing
£1,713.93
Comfortable Mortgage
£293,186
Conservative (4×)
£400,000
£2,338.36/mo
| Item | Annual | Monthly |
|---|---|---|
| Gross Salary | £100,000 | £8,333.33 |
| Income Tax | −£27,432.00 | −£2,286.00 |
| National Insurance | −£4,010.60 | −£334.22 |
| Take-Home Pay | £68,557.40 | £5,713.12 |
Want to see how pension contributions or student loans affect your mortgage affordability?
Use the Full CalculatorDisclaimer: These are estimates for illustration only. Actual mortgage offers depend on credit score, existing debts, lender criteria, and property valuation. Consult a mortgage adviser for personalised guidance.