How much can I borrow?

Working out how much deposit you can afford and how much you are able to borrow is always a priority. Without knowing how much you can borrow, you won't be able to know the price bracket of the homes you can look for.

The bigger your deposit the better, but usually you'll be asked for a minimum of 5% of the purchase price.

To start working out a few details you can use our two calculators. Our Borrowing Calculator will let you know how much you can borrow, and our Cost Calculator will show you the monthly payment of a mortgage based on the loan amount and type you've chosen.

For some extra help, Income requirements explains how we work out what we can lend to all applicants, including joint applications, and also how to include overtime, bonuses and other income.

When you're working out how much you can afford, don't forget to allow for all your monthly outgoings so that you can comfortably meet your monthly payments.