Mortgage affordability calculator
YOUR MONTHLY PAYMENT
Enter how much you plan to borrow and find out your monthly bill.
Assumes interest calculated annually.
Mortgage amount
(no commas, eg. 70000)
£
Interest rate
%
Duration
years
Mortgage type
Repayment
Interest Only
RESULT
Calculate
Your monthly payment
£
YOUR TOTAL MORTGAGE
Enter the amount you can afford to pay monthly (eg. your current rent) to find out how much you can borrow...
Monthly payment
£
Interest rate
%
Duration
years
Mortgage type
Repayment
Interest Only
RESULT
Calculate
You can borrow
£
ARE YOU OVER-STRETCHING
How much of your income goes on your mortgage?
Net monthly income
£
Monthly mortgage payment
£
RESULT
Calculate
Experts recommend
less than 35-40%
%