How much can I borrow on £150,000?
Earning £150,000? Most lenders will offer around £675,000, which costs £3,752 a month at 4.5% over 25 years.
- Borrow at 4.5x income
- £675,000
- Monthly payment (4.5%, 25y)
- £3,752
- Share of take-home pay
- 49%
- Home price with 10% deposit
- £750,000
- HMRC 2026/27 rates
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On a £150,000 salary you can typically borrow £600,000 to £675,000. A £675,000 mortgage at 4.5% over 25 years costs £3,752 a month, 49% of your take-home pay.
What £150,000 could borrow at each income multiple
The home it could buy
| Deposit | Home price | Deposit needed | Stamp duty (first-time buyer) |
|---|---|---|---|
| 5% | £711,000 | £36,000 | £25,550 |
| 10% | £750,000 | £75,000 | £27,500 |
| 15% | £794,000 | £119,000 | £29,700 |
| 25% | £900,000 | £225,000 | £35,000 |
Buying with someone else
| Household income | Borrow at 4.5x | A month at 4.5% |
|---|---|---|
| £150,000 | £675,000 | £3,752 |
| £170,000 | £765,000 | £4,252 |
| £300,000 | £1,350,000 | £7,504 |
Joint applications add both incomes together. Lenders then take off regular commitments like car finance, credit cards and childcare, so large debts cut what you can borrow.
Keep going
- Monthly payments on a £675,000 mortgage at every rate.
- Your take-home on £150,000 after tax.
- The full picture in how much can I borrow for a mortgage?
Questions people ask
How much can I borrow on £150,000?
Usually £600,000 to £675,000, at 4 to 4.5 times your income. Some lenders offer up to 5.5 times (£825,000) to higher earners or certain professions, and every lender checks your outgoings and credit history first.
What house can I buy on £150,000?
With a 10% deposit and a £675,000 mortgage, about £750,000. With a 15% deposit, about £794,118.
Is a £675,000 mortgage affordable on £150,000?
At 4.5% the payment is £3,752 a month, 49% of your £7,607 monthly take-home pay. Lenders also stress test at higher rates to check you could still pay if rates rise.