How much can I borrow on £30,000?
Earning £30,000? Most lenders will offer around £135,000, which costs £750 a month at 4.5% over 25 years.
- Borrow at 4.5x income
- £135,000
- Monthly payment (4.5%, 25y)
- £750
- Share of take-home pay
- 36%
- Home price with 10% deposit
- £150,000
- HMRC 2026/27 rates
- Private: nothing leaves your device
- Free, no sign-up
On a £30,000 salary you can typically borrow £120,000 to £135,000. A £135,000 mortgage at 4.5% over 25 years costs £750 a month, 36% of your take-home pay.
What £30,000 could borrow at each income multiple
The home it could buy
| Deposit | Home price | Deposit needed | Stamp duty (first-time buyer) |
|---|---|---|---|
| 5% | £142,000 | £7,000 | £0 |
| 10% | £150,000 | £15,000 | £0 |
| 15% | £159,000 | £24,000 | £0 |
| 25% | £180,000 | £45,000 | £0 |
Buying with someone else
| Household income | Borrow at 4.5x | A month at 4.5% |
|---|---|---|
| £30,000 | £135,000 | £750 |
| £50,000 | £225,000 | £1,251 |
| £60,000 | £270,000 | £1,501 |
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 £130,000 mortgage at every rate.
- Your take-home on £30,000 after tax.
- The full picture in how much can I borrow for a mortgage?
Questions people ask
How much can I borrow on £30,000?
Usually £120,000 to £135,000, at 4 to 4.5 times your income. Some lenders offer up to 5.5 times (£165,000) to higher earners or certain professions, and every lender checks your outgoings and credit history first.
What house can I buy on £30,000?
With a 10% deposit and a £135,000 mortgage, about £150,000. With a 15% deposit, about £158,824.
Is a £135,000 mortgage affordable on £30,000?
At 4.5% the payment is £750 a month, 36% of your £2,093 monthly take-home pay. Lenders also stress test at higher rates to check you could still pay if rates rise.