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How much can you borrow · Monthly repayments · Deposit scenarios
Maximum Borrowing
On a £125,000 salary, you can borrow up to £562,500 (4.5× income). Monthly repayment: £3,288.32 at 5% over 25 years.
Max Mortgage
£562,500
Monthly Payment
£3,288.32
Take-Home After
£3,164.96
% of Income
51%
| Deposit | Property Price | Deposit Amount | Monthly Payment | Left Over |
|---|---|---|---|---|
| 5% | £592,105 | £29,605 | £3,288.32 | £3,164.96 |
| 10% | £625,000 | £62,500 | £3,288.32 | £3,164.96 |
| 15% | £661,765 | £99,265 | £3,288.32 | £3,164.96 |
| 20% | £703,125 | £140,625 | £3,288.32 | £3,164.96 |
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% | £592,105 | £17,105 | £8,355 |
| 10% | £625,000 | £18,750 | £10,000 |
| 15% | £661,765 | £20,588 | £20,588 |
| 20% | £703,125 | £22,656 | £22,656 |
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 £125,000 salary with monthly take-home of £6,453.28:
Max Monthly Housing
£1,935.98
Comfortable Mortgage
£331,170
Conservative (4×)
£500,000
£2,922.95/mo
| Item | Annual | Monthly |
|---|---|---|
| Gross Salary | £125,000 | £10,416.67 |
| Income Tax | −£43,050.00 | −£3,587.50 |
| National Insurance | −£4,510.60 | −£375.88 |
| Take-Home Pay | £77,439.40 | £6,453.28 |
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.