How much you can borrow on a buy to let mortgage is based on the profitability of your property.
That means if you know the monthly rent that you can charge a tenant (or just an estimate for now), then you can get an idea of what you could borrow.
The buy to let mortgage calculator looks at the rent you could earn compared to the potential cost of the mortgage and then provides you with a total borrowing figure.
Of course, some lenders are more generous than others, so this conservative estimate is to be taken purely as a guide.
How to use the buy to let calculator …
- Set the purchase price of your property
- Set the monthly rent you expect to get
You can use
the sliders to adjust the amounts or just type them in directly. For the most accurate results, just be honest about your numbers on both.
And if you’re serious about getting a buy to let mortgage. don’t stop there …
Our expert advisers have been helping people become successful landlords for many years. And we offer so much more than a free buy to let mortgage calculator:
If you want to talk about your next steps, then contact us on 0800 953 0304 from your landline or 0330 3030 036 from your mobile and we’ll help you in every way we can.
How much can I borrow on a buy to let mortgage?
A conservative estimate of what you could borrow, based on the information you have provided the mortgage calculator is £