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Affordability Calculator

Find out what salary you need to buy a home and estimate your monthly mortgage payments.

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Look up the average price on any postcode page

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Minimum salary needed

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Monthly mortgage payment

 

Breakdown

Property price
Deposit
Deposit %
Mortgage required
Total repaid over term
Total interest
Note: This is an estimate. Lenders assess affordability based on income, outgoings, credit history, and stress testing. Speak to a mortgage broker for personal advice. Monthly payment assumes capital repayment mortgage.

UK affordability context

UK average house price

£286,000

England & Wales, 2024

Typical 10% deposit

£28,600

On UK average price

Salary needed (4.5×)

£57,156

For UK average price + 10% deposit