Illustrative property budget
You could buy a home worth
What makes up the estimate
Illustrative- Mortgage
- £292,500
- Deposit
- £35,000 10.7% of budget
- Loan to value
- 89.3% LTV
- Monthly payment
- £1,583 5.07% · ≤90% LTV · 30 yrs
Refine my estimate
These are the starting assumptions. Rate and term can be adjusted in the monthly-affordability section below.
- 4.5× household incomeIllustrative product assumption; not a lender policy
- 95% maximum illustrative LTVMost mortgages require at least a 5% deposit; specialist 100% products are excluded
- 4.61%–5.49% starting illustrative rate by LTVBank of England July 2026 weighted quoted rates for two-year fixed mortgages
- 30-year starting repayment termIllustrative product assumption
Assumptions reviewed 24 August 2026.
Monthly affordability
What could this mortgage cost?
30-year repayment
£292,500 mortgage at 5.07%
Total interest £277,287
Equity over time
How much of the home is yours?
Estimated equity
- 25 years£224k interest
- 30 years£277k interest
- 35 years£333k interest
Starts at 10.7% from your £35,000 deposit.
For comparison, the selected rate is held constant for the full term. Actual mortgage rates and costs can change. This is an illustration, not a lender quote or affordability assessment.
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A useful starting estimate, not a lender offer or formal affordability assessment.