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How much can you borrow · Monthly repayments · Deposit scenarios
Maximum Borrowing
On a £145,000 salary, you can borrow up to £652,500 (4.5× income). Monthly repayment: £3,814.45 at 5% over 25 years.
Max Mortgage
£652,500
Monthly Payment
£3,814.45
Take-Home After
£3,519.54
% of Income
52%
| Deposit | Property Price | Deposit Amount | Monthly Payment | Left Over |
|---|---|---|---|---|
| 5% | £686,842 | £34,342 | £3,814.45 | £3,519.54 |
| 10% | £725,000 | £72,500 | £3,814.45 | £3,519.54 |
| 15% | £767,647 | £115,147 | £3,814.45 | £3,519.54 |
| 20% | £815,625 | £163,125 | £3,814.45 | £3,519.54 |
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% | £686,842 | £21,842 | £21,842 |
| 10% | £725,000 | £23,750 | £23,750 |
| 15% | £767,647 | £25,882 | £25,882 |
| 20% | £815,625 | £28,281 | £28,281 |
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 £145,000 salary with monthly take-home of £7,333.99:
Max Monthly Housing
£2,200.20
Comfortable Mortgage
£376,366
Conservative (4×)
£580,000
£3,390.62/mo
| Item | Annual | Monthly |
|---|---|---|
| Gross Salary | £145,000 | £12,083.33 |
| Income Tax | −£52,081.50 | −£4,340.13 |
| National Insurance | −£4,910.60 | −£409.22 |
| Take-Home Pay | £88,007.90 | £7,333.99 |
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.