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How much can you borrow · Monthly repayments · Deposit scenarios
Maximum Borrowing
On a £75,000 salary, you can borrow up to £337,500 (4.5× income). Monthly repayment: £1,972.99 at 5% over 25 years.
Max Mortgage
£337,500
Monthly Payment
£1,972.99
Take-Home After
£2,531.79
% of Income
44%
| Deposit | Property Price | Deposit Amount | Monthly Payment | Left Over |
|---|---|---|---|---|
| 5% | £355,263 | £17,763 | £1,972.99 | £2,531.79 |
| 10% | £375,000 | £37,500 | £1,972.99 | £2,531.79 |
| 15% | £397,059 | £59,559 | £1,972.99 | £2,531.79 |
| 20% | £421,875 | £84,375 | £1,972.99 | £2,531.79 |
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% | £355,263 | £5,263 | £0 |
| 10% | £375,000 | £6,250 | £0 |
| 15% | £397,059 | £7,353 | £0 |
| 20% | £421,875 | £8,594 | £0 |
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 £75,000 salary with monthly take-home of £4,504.78:
Max Monthly Housing
£1,351.44
Comfortable Mortgage
£231,177
Conservative (4×)
£300,000
£1,753.77/mo
| Item | Annual | Monthly |
|---|---|---|
| Gross Salary | £75,000 | £6,250.00 |
| Income Tax | −£17,432.00 | −£1,452.67 |
| National Insurance | −£3,510.60 | −£292.55 |
| Take-Home Pay | £54,057.40 | £4,504.78 |
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.