Mortgage calculators, made simple.
Get a quick estimate of how much you could borrow, what your monthly repayments may look like and your loan to value. The results are only a guide, but they give you a useful place to start.
- Instant results with no email required
- Borrowing, repayment and loan-to-value calculators
- Personal advice when you are ready for the next step
How much could I borrow?
This calculator gives you an initial estimate based on the information you enter. The actual amount will depend on how each lender assesses your income, financial commitments, dependants, credit history, mortgage term and deposit.
Different lenders can reach very different figures for the same person, so the result is a guide rather than an Agreement in Principle.
For a figure based on your circumstances and current lender criteria, call us on 01225 258900.
What might my monthly repayments be?
Enter the mortgage amount, term and interest rate to estimate your monthly payment. Try a few different rates to see how a change could affect your budget.
The result is a useful starting point, but it may not include product fees, insurance or other homeownership costs. Your actual payment will depend on the mortgage and rate you secure.
How much equity do I have and what is my LTV?
Your equity is the property’s value minus the mortgage secured against it. Your loan to value, or LTV, is the mortgage expressed as a percentage of the property’s value.
For example, a £225,000 mortgage on a £300,000 property means:
- £75,000 of deposit or equity
- 75% loan to value
Most mainstream lenders offer residential mortgages up to 95% LTV, although the products available will depend on your circumstances and the property. Your final LTV will also be based on the lender’s valuation, which may differ from an estate agent’s estimate or the agreed purchase price.
Why LTV bands matter.
Mortgage products are commonly priced in bands such as 95%, 90%, 85%, 80%, 75% and 60%. A lower LTV will usually give you access to more products and potentially lower rates.
Want the real number?
A calculator does not know which lenders would accept you. We do. That is the difference between an estimate and an Agreement in Principle.
Call 01225 258900Related
Questions
Your questions on income and loan to value, answered.
How accurate are these calculators?
They are a reasonable starting point and no more. They cannot know your credit history, your outgoings, your employment type or which lenders would actually accept you, all of which change the answer, sometimes by a great deal.
Why did you remove the stamp duty calculator?
Because we advise across England, Scotland, Wales and Northern Ireland, and they have three different systems. SDLT, LBTT and LTT, with different rates, thresholds and first-time-buyer reliefs. A single calculator would be wrong for most of the UK. Ask us instead.
What income multiple do you use?
The borrowing calculator uses 5-6 times income, which is the common benchmark. In reality some lenders do stretch to 6 times for certain professions or higher earners, and some will not reach 5x. The range shown gives you a sense of the spread.
Ready when you are.
Whether you’re arranging a mortgage or protecting what matters, tell us what you need and we’ll explain your options clearly. Your first conversation is free and there’s no obligation.
Your home or property may be repossessed if you do not keep up with repayments on your mortgage.
