How much mortgage can I get?

How much you can borrow entirely depend on your individual circumstances. Lenders will want to review your income (or combined income if you’re purchasing with a partner or friend) to ensure that the mortgage is affordable for you. If you are a key worker you might even be able to access more competitive mortgage products from some specialist lenders.

As a general rule, lenders will offer around 4.5x the total applicant income, but our expert brokers may be able to help you access more. Our ‘how much can I borrow’ calculator above can give you an estimate of how much of a mortgage you can get.

How much will my mortgage cost?

This will depend on a number of factors, such as: 

• How much of a mortgage you borrow
• The total term of the mortgage
• The interest rate charged
• Whether you add any fees to the loan
• The repayment method (Interest-Only or Repayment)

Our brokers will compare the costs of different mortgage interest rates to make sure you’re choosing the most competitive deal. It’s important to remember that the best deal for you doesn’t necessarily mean the cheapest. You can calculate how much your monthly repayments will be with your new rate using our Mortgage Repayment Calculator.