Mortgage Calculators
Plan your home purchase with confidence. Free, instant results.
Planning Your UK Mortgage
Buying a home is likely the biggest financial commitment you'll make. Our mortgage calculators help you understand exactly how much you can borrow, what your monthly payments will be, and what additional costs like stamp duty you'll face.
UK lenders typically offer mortgages of 4-4.5 times your annual income, though this varies based on your deposit, credit history, and other financial commitments. Use our tools to explore different scenarios before speaking to a mortgage broker.
Common Mortgage Questions
How much deposit do I need for a mortgage?▼
Most UK lenders require a minimum 5-10% deposit, though 15-20% will get you access to better interest rates. First-time buyers may qualify for government schemes with smaller deposits.
What is LTV and why does it matter?▼
LTV (Loan-to-Value) is the percentage of the property value you're borrowing. A £180,000 mortgage on a £200,000 home is 90% LTV. Lower LTV means better rates—aim for 75% or below for the best deals.
Do first-time buyers pay stamp duty?▼
First-time buyers in England pay no stamp duty on properties up to £425,000. Between £425,000 and £625,000, you pay 5% on the portion above £425,000. Use our stamp duty calculator for exact figures.
Fixed rate vs variable rate mortgage?▼
Fixed rates lock in your payment for 2-5 years, protecting you from rate rises. Variable rates (trackers or SVR) can change with the Bank of England base rate. Most first-time buyers choose fixed rates for budget certainty.