Various lenders use slightly different formulae to calculate the amount of money that they are willing to lend to you. Although some lenders use an affordability formula based on your monthly expenses and disposable income, most use something similar to the multiples method outlined below. You can usually find out what criteria will be used by a particular lender by looking on their website, reading their product literature or telephoning them.

Use this calculator to work out approximately how much you will be able to borrow according to different lending criteria. Remember that your individual history and other circumstances can sometimes affect the amount you can obtain, so use this only as an indication.

The maximum Loan to Value (LTV) ratio allowed
Property value
	Main earner's income	Partner's income
Basic gross annual income:
Regular annual overtime/commission/bonus:
	Percentage of overtime/commission/bonus included in calculations:
Salary multipliers:
	Multiply best salary by:	plus 2nd salary
or	Multiply joint salary by:
Available deposit:
Maximum likely borrowing level: (given LTV ratio)
Additional funds required: (for deposit)

Please note: This calculator should be used for indicative purposes only and should not be taken as representing advice. Always get a full quotation from your lender or other professional adviser before purchasing a mortgage product.