How much can I borrow on £78,000?
Earning £78,000? Most lenders will offer around £351,000, which costs £1,951 a month at 4.5% over 25 years.
- Borrow at 4.5x income
- £351,000
- Monthly payment (4.5%, 25y)
- £1,951
- Share of take-home pay
- 42%
- Home price with 10% deposit
- £390,000
- HMRC 2026/27 rates
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On a £78,000 salary you can typically borrow £312,000 to £351,000. A £351,000 mortgage at 4.5% over 25 years costs £1,951 a month, 42% of your take-home pay.
What £78,000 could borrow at each income multiple
The home it could buy
| Deposit | Home price | Deposit needed | Stamp duty (first-time buyer) |
|---|---|---|---|
| 5% | £369,000 | £18,000 | £3,450 |
| 10% | £390,000 | £39,000 | £4,500 |
| 15% | £413,000 | £62,000 | £5,650 |
| 25% | £468,000 | £117,000 | £8,400 |
Buying with someone else
| Household income | Borrow at 4.5x | A month at 4.5% |
|---|---|---|
| £78,000 | £351,000 | £1,951 |
| £98,000 | £441,000 | £2,451 |
| £156,000 | £702,000 | £3,902 |
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 £350,000 mortgage at every rate.
- Your take-home on £78,000 after tax.
- The full picture in how much can I borrow for a mortgage?
Questions people ask
How much can I borrow on £78,000?
Usually £312,000 to £351,000, at 4 to 4.5 times your income. Some lenders offer up to 5.5 times (£429,000) to higher earners or certain professions, and every lender checks your outgoings and credit history first.
What house can I buy on £78,000?
With a 10% deposit and a £351,000 mortgage, about £390,000. With a 15% deposit, about £412,941.
Is a £351,000 mortgage affordable on £78,000?
At 4.5% the payment is £1,951 a month, 42% of your £4,650 monthly take-home pay. Lenders also stress test at higher rates to check you could still pay if rates rise.