Mortgage on a £187,000 Salary
There's no single figure lenders will offer on a £187,000 salary - it depends on their own criteria, your outgoings, credit profile and more. What follows is an illustrative range based on commonly used income multiples, not a mortgage offer.
Illustrative Income Multiples
How your deposit affects the budget
Using 4.5× income (£841,500) as a typical mortgage amount, here's how the property budget changes with different deposits.
| Deposit | Mortgage | Illustrative Property Budget |
|---|---|---|
| £10,000 | £841,500 | £851,500 |
| £20,000 | £841,500 | £861,500 |
| £30,000 | £841,500 | £871,500 |
Work it out with your own numbers
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Credit cards, loans, car finance and similar - a monthly total.
Used for the example repayment only.
Estimated borrowing range
Illustrative Range
£160,000 – £180,000
Income multiples
This is an illustrative estimate only, not a mortgage offer or approval. Lenders don't simply apply a fixed income multiple - actual affordability depends on their own criteria, your outgoings, dependants, credit profile and interest-rate stress tests.
Why this is an estimate, not an offer
Income multiples are a widely used rule of thumb, but no lender simply multiplies your salary and stops there. Real affordability assessments also look at your regular outgoings, any dependants, your credit history, and an interest-rate stress test to check you could still afford repayments if rates rose. Two lenders can offer very different amounts for the same salary.
Treat the figures on this page as a starting point for research, not a guaranteed borrowing amount or mortgage approval.
Other salaries
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