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House Affordability Calculator

How much house can I afford in the UK?

This calculator helps you understand what you can realistically afford to buy based on your income, expenses, and savings — using the same 4–4.5× salary multiples applied by UK mortgage lenders.

Outside London, this budget typically goes further. In London and the South East, higher property prices and living costs reduce effective affordability by 15–25% compared to the national average.

Your finances

Adjust the sliders to match your situation

£
£10,000£300,000

Your gross (pre-tax) annual income

£
£0£10,000

Bills, food, subscriptions, travel, etc.

£
£0£5,000

Monthly loan, credit card, or other debt payments

£
£0£500,000

Your total savings — helps estimate deposit capacity

Your house affordability

Results update as you type

Your affordability is broadly in line with the UK average

You are well-positioned to afford a home, rent, or car within the typical UK range. Small improvements to expenses or savings will open up more options.

Home you could realistically afford

£240k5.3× salary

Around £240k is a realistic target based on your salary, savings, and outgoings. This is comfortable for most buyers with similar finances.

Most UK buyers with a similar income typically purchase between £211k and £269k

Safe monthly disposable income

£2,475per month

After expenses and debt, you have around £2,475 left — with a 10% buffer built in for unexpected costs.

Based on typical UK tax bands and lending criteria. This is an estimate, not financial advice.

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What the numbers mean

Standard lending multiple: Most UK mortgage lenders will lend between 4 and 4.5 times your annual salary. On a salary of £45.0k, that is a maximum mortgage of roughly £180k to £203k.

Your deposit matters: A larger deposit reduces the mortgage you need, improves your loan-to-value ratio, and typically unlocks better interest rates. Your savings of £20.0k can contribute to this.

Monthly commitments count: Lenders assess your affordability based on net disposable income after all regular outgoings. High monthly expenses or existing debts can reduce what you can borrow.

These results are estimates based on standard UK guidelines. Actual offers will vary by lender, credit profile, employment type, and individual circumstances. Always speak to a qualified mortgage broker before making major decisions.

Popular house affordability scenarios

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Use your affordability numbers to compare real mortgage deals or get personalised advice from a fee-free broker.

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Also check

Explore more UK affordability scenarios tailored to different salaries and locations.