This calculator provides a general guide to how much you may be able to borrow based on your annual income before tax.
Your FPM Advice Centre mortgage adviser will assess your full financial situation to confirm exactly how much you could borrow and what your monthly repayments might be. We’ll explain every step of the process clearly and simply — no jargon, just straightforward advice.
For an accurate borrowing figure tailored to your circumstances, please get in touch with one of our advisers today.
Important: This is a simple guide using income multiples. Actual affordability varies by lender and your circumstances.
Take the guesswork out of your mortgage planning. Our simple calculator helps you see what your monthly repayments might look like, whether you’re considering an interest-only arrangement or a full capital-and-interest mortgage. Just add your loan amount, term length, and interest rate, then hit calculate for instant results.
At FPM Advice Centre, our independent advisers are here to guide you through the options. Book a free consultation to explore the most competitive mortgage rates available and get expert advice tailored to your needs.
Standard threshold: SDLT is due on residential properties priced over £125,000 in England and Northern Ireland.
First-time buyers: If you’re buying your first home for less than £500,000, you may qualify for reduced or zero Stamp Duty.
Additional properties: Buying a second home or a buy-to-let? Expect a 3% surcharge on top of the standard rates, applied to each band of the purchase price.
Scotland and Wales: Different rules apply—Scotland uses Land and Buildings Transaction Tax (LBTT) and Wales uses Land Transaction Tax (LTT).
Stamp Duty must be reported to HMRC and paid within 14 days of completion. Missing this deadline can lead to penalties, so it’s important to know your liability.
Our Stamp Duty Land Tax (SDLT) calculator makes it simple to estimate how much you’ll need to budget for, so there are no surprises when you complete your purchase.
