This calculator uses the following assumptions.
Maximum borrowing is a multiple of between 2.50 and 5.00 times total income less annualised outgoings. Lenders will only lend up to 95% loan to value (LTV).
This is intended as an indicative guide only. It is a generic calculation that does not take into account the individuals circumstances, it should not therefore be relied on.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The Financial Conduct Authority does not regulate some forms of mortgage and tax planning. Your home or property may be repossessed if you do not keep up repayments on your mortgage. The Financial Conduct Authority does not regulate some aspects of buy to let mortgages. It also does not regulate tax planning.