AfterTaxUK

UK Mortgage & Affordability
Calculator

Find out how much you can borrow, what your monthly payments would be, or how long it takes to save a deposit.

£

Take-home: £2,277/month (with 5% pension, no student loan)

Mortgage & Property Calculator

See what you can afford or plan your savings for a home

Buying with a partner?

Combined income increases borrowing power

Based on your £35,000 salary, you could buy up to

£175,000

with a 10% deposit of £17,500

Max Borrowing

£157,500

4.5x salary

Monthly Payment

£875/mo

38% of take-home

At 38% of your take-home, this exceeds the recommended 35% threshold. Consider a smaller property, larger deposit, or longer term to reduce payments.

Total interest over 25 years: £105,000Total repaid: £262,500

How Much Can I Borrow for a Mortgage in the UK?

Most UK lenders offer between 4 and 4.5 times your annual salary. With a £35,000 salary, you could typically borrow £157,500. Adding a larger deposit increases the property value you can afford. First-time buyers may qualify for Help to Buy or shared ownership schemes.

What Percentage of Income Should Go to a Mortgage?

Financial experts recommend spending no more than 28-35% of your take-home pay on housing costs. This includes your mortgage payment, council tax, and home insurance. Our calculator highlights when your payments exceed this threshold.