Income Multiple Calculator
Calculate how many times your annual salary you can borrow for a mortgage based on UK lending criteria and your financial circumstances.
Income Details
Enter your income information to calculate borrowing multiples
Frequently Asked Questions
Common questions about income multiple calculations
What is an income multiple?
An income multiple is the number of times your annual salary that a lender will allow you to borrow. For example, if you earn £50,000 and the lender offers 4.5x income multiple, you could borrow £225,000.
What's the typical income multiple in the UK?
Most UK lenders offer between 4.0x to 4.5x your annual income. Some specialist lenders may offer up to 5.5x or even 6x for high earners or specific professions.
Do lenders consider both incomes for joint applications?
Yes, for joint mortgage applications, lenders typically consider both applicants' incomes. However, they may apply different multiples or stress test the affordability more rigorously.
How is bonus income treated?
Lenders usually consider 50-75% of bonus or commission income, depending on how consistent it has been over the past 2-3 years. Some may require a longer track record.