How Much Can I Borrow?


Use our simple Mortgage Calculator to discover how much you could borrow when applying for a mortgage and finding your dream property. It’s probably a lot more than you think!

You could borrow


How much you can borrow depends on your personal circumstances and how much we’re a lender is willing to lend to you. A decision is based on factors such as your income, your outgoings and if we think you’ll be able to make your payments. Although you’re ultimately responsible for paying your mortgage back, we’re also obliged to check you can afford to repay the loan and make sure you’re not over-stretching your finances.

How have you calculated how much I could borrow?

Remember this is only an estimate and only considers your income in how much you could potentially borrow. Banks and building societies take into account a number of different factors when calculating how much they will lend to you including monthly outgoings and other debts so the actual amount you can borrow may vary considerably. If you receive an annual bonus this may increase the amount you can borrow. 

What type of mortgages do you specialise in?

It doesn’t matter whether you’re a first-time buyer or looking to remortgage. We offer services in all types of mortgages and can help you get the best deal for your individual circumstances. This includes buy to let mortgages and those exclusive to remortgaging. 

What factors affect how much I could borrow?

Mortgage lenders really want to know if you can offer the repayments on your home. Because of this how much you can borrow will be based on a variety of things including your salary (how much you earn), along with your credit score (your financial history).

What else do I need to know?

My Perfect Mortgage has been helping people with their mortgage and property needs for over 30 years. Located in the North West of England we are authorised and regulated by the Financial Conduct Authority.

Can I book a mortgage appointment? 

That would be perfect! We always advise speaking to an expert advisor as they can help understand your individual wants and needs and point you in the right direction. Did you know it’s free to book a mortgage appointment? Get in touch with us today. 

The figure shown is also a rough estimation of the potential amount you could borrow and could be less depending on other individual circumstances not considered in this calculation. Please note, this calculator displays results for residential lending purposes only and should not be used to indicate how much we may be able to lend on a Buy to let mortgage.  If you are considering a buy to let mortgage then we can still help you. Get in touch with a member of mortgage team today and we can help you through the process. You can call us directly on 0333 939 0165. Your home may be repossessed if you do not keep up repayments on your mortgage. We are regulated by the Financial Conduct Authority.