Use this tool as a guide to estimate the maximum loan that you can obtain from a lender.

Lenders take into account income and borrowings to help decide how much they will consider lending. Credit status and the condition of the property will also influence their decision.

Income:
A loan of 3.5 x income is readily available. If there is a second applicant then the lender will add 1x the second applicant's income or multiply the two incomes added together by 2.75, if this is greater.

Normally, 50% of overtime or bonuses can be included with basic salary. Not all lenders use this formula; some will go a little higher while others, a little lower.

Borrowings:
If there are loans or other credit agreements with more than 12 months to run then the lender will usually subtract the annualised monthly payments from income, resulting in a lower amount than they would consider if there were no additional borrowings.

Enter details of your salary and monthly payments on loans with more than 12 months to run to find out how much you might be able to borrow. Only use numbers - no commas or gaps please

* For joint credit agreeement loans put monthly payments against one applicant.

Loans are subject to status. This calculator does not guarantee a mortgage.