Calculator 02

Affordability calculator

Lenders start from an income multiple, then dock your existing commitments. This shows the indicative ceiling and what it costs each month.

Income and commitments

Applicant 1 income

Applicant 2 income· leave at 0 for sole application

Monthly commitments· loans, cards, childcare

Deposit

Income multiple· lenders typically use 4.0–5.5×

Rate

Term

yrs

Indicative maximum borrowing

£202,500

Purchase power up to £252,500 with your £50,000 deposit

Monthly payment

£1,001

at 4.29%

Stress test +1.5%

£1,187

lenders check you can still pay

How the figure is built

Household income£48,000

Income × 4.5£216,000

Less commitments impact− £13,500

Indicative loan£202,500

Payment as share of gross income25.0%

Loan to value at max price80.2%

A guide only. Real lenders use full affordability models covering credit history, dependants, contract type, retirement age and stress rates, so decisions vary widely between them.