How Much Mortgage Can I Get? By Salary
What you could typically borrow on a salary from £20,000 to £150,000, using 4 to 4.5 times income. Pick a salary for the monthly payments.
| Salary | Borrow at 4 times | Borrow at 4.5 times | Monthly payment at 4.5 times (4.5%, 25 years) |
|---|---|---|---|
| £20,000 | £80,000 | £90,000 | £500 |
| £25,000 | £100,000 | £112,500 | £625 |
| £30,000 | £120,000 | £135,000 | £750 |
| £35,000 | £140,000 | £157,500 | £875 |
| £40,000 | £160,000 | £180,000 | £1,000 |
| £45,000 | £180,000 | £202,500 | £1,126 |
| £50,000 | £200,000 | £225,000 | £1,251 |
| £55,000 | £220,000 | £247,500 | £1,376 |
| £60,000 | £240,000 | £270,000 | £1,501 |
| £65,000 | £260,000 | £292,500 | £1,626 |
| £70,000 | £280,000 | £315,000 | £1,751 |
| £75,000 | £300,000 | £337,500 | £1,876 |
| £80,000 | £320,000 | £360,000 | £2,001 |
| £90,000 | £360,000 | £405,000 | £2,251 |
| £100,000 | £400,000 | £450,000 | £2,501 |
| £120,000 | £480,000 | £540,000 | £3,001 |
| £150,000 | £600,000 | £675,000 | £3,752 |
How lenders decide how much you can borrow
Most UK lenders start from your income and multiply it, usually by 4 to 4.5. They then check that you could still afford the repayments if interest rates rose, after your other commitments such as loans, credit cards, car finance, childcare and student loan repayments. A larger deposit, a clean credit history and a stable job can all widen your choice of lenders and bring a cheaper rate.
Applying with a partner
If two people apply together, lenders normally add both incomes. That is why a couple on two modest salaries can borrow far more than either could alone. Lenders will also look at both credit histories and any shared debts.
Lenders decide how much to offer based on your income, outgoings, deposit and credit history. This is an illustration, not a mortgage offer. Use the mortgage affordability calculator for your own figures.
Figures are for the 2026/27 tax year from official sources and are estimates for guidance only, not financial or legal advice. Printed from ukanswers.co.uk.