Illustrative property budget
You could afford a home worth
What makes up the estimate
- Mortgage
- £135,000 £35,000 deposit
- Stamp duty estimate
- £0 All buyers first-time · England / NI
- Loan to value
- 79.4% LTV
- Monthly payment
- £716 4.89% · ≤85% LTV · 30 yrs
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Loans, credit cards, car finance and child maintenance
How this estimate works
Lenders assess income, spending and commitments differently.
- 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 weighted quoted rates for two-year fixed mortgages
- 30-year starting repayment termIllustrative product assumption
- Continuing monthly commitments are deducted from annual income before the 4.5× illustrationFCA rules require lenders to account for committed expenditure, but each lender uses its own affordability method
- SDLT property-tax estimateOfficial property-tax rates