How much can i borrow ?
Understand your borrowing potential based on your income, expenses, and financial goals.
Calculate your maximum loan amount using our affordability calculator and see how much you can borrow.
Explore different mortgage options and find one that aligns with your budget and needs.
Make informed decisions about your mortgage with a clear understanding of your affordability.
Find out how much you can borrow?
Enter a few details in our calculator below to get an estimate of your borrowing potential.
Whether you’re a first-time buyer, home mover, or remortgaging, our mortgage affordability calculator helps you estimate how much you could comfortably borrow?
How much you could comfortably borrow?
The amount you can borrow for a mortgage depends on several key factors, which help lenders assess your financial situation and affordability:
Credit Score and History: Your credit score is a critical factor. It helps lenders determine how reliable you are as a borrower based on your payment history, outstanding debts, and credit usage. A higher score usually unlocks better mortgage deals.
Personal Income: This includes your salary, bonuses, and other income streams. Lenders use this information to gauge how much you can afford to borrow and repay comfortably.
Expenditure and Outgoings: Lenders also evaluate your monthly expenses, including commitments like loan repayments, childcare, credit cards, and car finance. This helps ensure that your mortgage payments will be manageable alongside your other financial responsibilities.
Deposit Size: The larger your deposit, the less you’ll need to borrow. A bigger deposit often results in access to lower interest rates and a higher loan-to-value (LTV) ratio.
Lenders aim to ensure that your mortgage is affordable not only today but also if interest rates rise. With tools like our mortgage calculator, you can estimate how much you could borrow, and with expert advice, you’ll find a mortgage that aligns with your financial goals.
Mortgage Affordability Calculator
Best rates
Compare today's best interest rates
Compare 20,000+ mortgages from over 100 lenders
Real Feedback, Genuine Experiences
Speak to Our Expert
Call free for mobile and landline
See the deals you qualify for & how much you could borrow
Simplify Your Mortgage Journey
Why choose Mortgage.One?
- We keep things simple: No broker fees, ever. Lenders compensate us directly for our services, empowering you to focus on finding your dream home. Start exploring your options and potential costs with our mortgage calculator.
- Proven Track Record: We've helped number of families find their perfect home. See our client testimonials.
- Wide Range of Options: We analyze countless mortgage options, finding the ideal rates and terms that fit your budget and goals. Start exploring, compare your choices & apply online or over the phone.
- Navigate the Process with Clarity: Our comprehensive calculators help you compare mortgage options, understand costs, and analyze different scenarios. Make informed choices on the path to your dream home.
- Less Stress, More Joy: We handle the complexities of the mortgage process, saving you time and simplifying your homebuying experience. Focus on finding your dream home, not paperwork.
- Personalised Expert Support: Work with dedicated mortgage advisors who provide personalized guidance tailored to your unique financial situation.
Could you be saving on your residential mortgage?
Contact Mortgage.one for a free consultation and find out.
Lets talk about mortgages
Take Control of Your Mortgage.
Our guides and calculators provide the insights you need to make informed decisions – whether you’re buying, remortgaging, or simply exploring your options.
See how much can you borrow on Mortgage
See How Much it will Cost on Mortgage
See How much stamp duty will pay on Mortgage
See Mortgage Interest Calculator
See Mortgage Overpayment Calculator
Simplify Your Mortgage Journey
Unlock Mortgage Wisdom
Explore Our Comprehensive Guides & Insights
Simplify Your Mortgage Journey
Frequently Asked Questions
Finding the best mortgage rates can be overwhelming, but Mortgage.One’s comparison tool makes it easy. By scanning over 100 lenders, you can compare rates across fixed, variable, and tracker mortgages. This helps you find the deal that fits your financial needs. Simply input your details and get personalized options in minutes.
To apply, you’ll typically need:
- Proof of income (last three month payslips, P60, tax returns for self-employed)
- Bank statements (usually 3-6 months)
- Address proof (Recent utility bill or bank statement)
- Identification (passport or driver’s license)
Our advisors will review these documents to ensure everything is in place and guide you through any additional requirements based on the lender’s criteria. We ensure your application process is smooth and hassle-free.
Mortgage pre-approval is essential in today’s competitive market. By using Mortgage.One, you can get pre-approved easily either online or by speaking with one of our experienced mortgage advisors. Pre-approval not only gives you a clear borrowing amount but strengthens your offer when you’re ready to purchase, making you more attractive to sellers.
Choosing the right mortgage depends on your financial goals and risk tolerance. A fixed-rate mortgage gives you payment stability, while variable or tracker mortgages offer more flexibility but may have fluctuating payments. Mortgage.One’s mortgage comparison tool helps you explore all options and filter by interest rates, terms, and lenders. Plus, our advisors can provide tailored advice based on your circumstances.
The minimum deposit typically required is 5% of the property’s value, though higher deposits can secure better interest rates and terms. A larger deposit often means a more competitive loan-to-value (LTV) ratio, which lenders consider when approving your mortgage. If you’re unsure of how much you need, speak to a Mortgage.One advisor, who can help you understand deposit requirements based on your circumstances and guide you through saving options.
Consult with a Pro
Connect with Our Expert Mortgage Advisors
- Call: 0345 345 6788
- Arrange a call back
- Submit an enquiry
- Email us