Jason Bailey

Expertly compared by Jason Bailey

Products Updated April 6, 2018

Mortgage Calculator – How much can I borrow?

If you want to find out how much you can borrow then simply use our mortgage calculator to find out. See which mortgages are available to you and find the best deal and cheapest rates from the whole mortgage market. Calculate the cost of your mortgage repayments and find out the monthly costs of your mortgage.

Free mortgage advice and brokerage service. Our experts can find you the perfect deal from thousands of products & exclusive deals:

Your home may be repossessed if you do not keep up repayments on your mortgage.

Results:1 providers expertly compared:

Lending Expert


This provider is our Expert’s Choice in its category as it won tops marks for the following.


Learn more about how we review and assess the providers here on Lending Expert.

60% - 100%

Initial Rate
1.19% - 4.32%

Standard Rate (SVR)
3.94% - 4.79%


Variable & 3 ,5 & 10 Fixed Rate

Rated 4.9/ 5

All credit types

The mortgage experts at First Choice Finance can quickly assess your requirements and search the market place to find you the perfect mortgage deal. Click get a quote to make an enquiry today.

Read our customer and visitor reviews for this product:

Rating: 4 / 5 with 2 votes

Simple application process

by K Wheeler

Simple application process - broker was kind and offered advice.

Quick search

by James Hilton

This is a quick mortgage search facility and shows many lenders across the market. Impressed with the level of detail on each product.

Mortgage calculator - how much can I borrow?

Mortgage calculator - how much can I borrow?

Mortgage calculator - how much can I borrow?

When you need to move homes, whether it is for a new job, to accommodate a larger family, or to move closer to aging parents, then you will probably have to arrange a mortgage loan with your bank. If you have had property loans in the recent past, then you may already have some idea of how much you will be allowed to borrow, and this can affect the decisions you make on house choices, areas, and size of properties. However, if you have not had to arrange a mortgage in the last 5 years or so, then you may be looking at a completely different rate of lending and borrowing now. The key to finding a solution to the problem might be in using a mortgage calculator to work out exactly how much you can borrow from your bank.

What a mortgage calculator will tell you

Although a mortgage calculator can't tell you exactly how much you will be allowed to borrow by your personal bank, it can give you a ball-park figure which will tell you approximately the mortgage you will have. This will tell you the chances of getting a mortgage that you need in order to cover the costs of buying a new house, and will also show you the level that you should be aiming for when you apply for a mortgage.

Using the different parts of a mortgage calculator

As a calculator is divided into different parts, so that you input different amounts into the windows, this gives you flexibility to try different figures in order to get the answer you need. For example, if you know that most mortgage lenders will allow you to borrow up to 75% on the total price of the property, then you can adjust the figures you put into the calculator in order to get the desired percentage. This will allow you to judge what type of mortgage you will need, the price-range of properties you should be looking at, and the best way to reduce the overall loan (through deposits, by renting out other property, etc).