How much can I borrow on £84,000?

By The PocketSums team. Updated 30 September 2026. How we calculate

Earning £84,000? Most lenders will offer around £378,000, which costs £2,101 a month at 4.5% over 25 years.

Borrow at 4.5x income
£378,000
Monthly payment (4.5%, 25y)
£2,101
Share of take-home pay
43%
Home price with 10% deposit
£420,000
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Monthly payment£2,101.05a month

Borrowing £378,000 (90% loan to value). Total repaid £630,315, of which £252,315 is interest.

On a £84,000 salary you can typically borrow £336,000 to £378,000. A £378,000 mortgage at 4.5% over 25 years costs £2,101 a month, 43% of your take-home pay.

What £84,000 could borrow at each income multiple

  1. 4 times£336,000, £1,868 a month
  2. 4.5 times£378,000, £2,101 a month
  3. 5 times£420,000, £2,335 a month
  4. 5.5 times£462,000, £2,568 a month

The home it could buy

Deposit Home price Deposit needed Stamp duty (first-time buyer)
5% £398,000 £20,000 £4,900
10% £420,000 £42,000 £6,000
15% £445,000 £67,000 £7,250
25% £504,000 £126,000 £15,200

Buying with someone else

Household income Borrow at 4.5x A month at 4.5%
£84,000 £378,000 £2,101
£104,000 £468,000 £2,601
£168,000 £756,000 £4,202

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

Questions people ask

How much can I borrow on £84,000?

Usually £336,000 to £378,000, at 4 to 4.5 times your income. Some lenders offer up to 5.5 times (£462,000) to higher earners or certain professions, and every lender checks your outgoings and credit history first.

What house can I buy on £84,000?

With a 10% deposit and a £378,000 mortgage, about £420,000. With a 15% deposit, about £444,706.

Is a £378,000 mortgage affordable on £84,000?

At 4.5% the payment is £2,101 a month, 43% of your £4,940 monthly take-home pay. Lenders also stress test at higher rates to check you could still pay if rates rise.