Mortgage Deposit Calculator

Property Value (£):

Annual Household Income (£):

Desired Deposit Percentage (%):

Mortgage Term (Years):

Estimated Interest Rate (%):

Your Mortgage Deposit Results

Deposit Required

The amount needed based on your chosen deposit percentage and property value.

Loan to Value (LTV)

The percentage of the property value you need to borrow, affecting your mortgage rates.

Estimated Monthly Repayments

Approximate monthly payments based on your loan amount, term, and interest rate.

Affordability Check

Whether your income supports the mortgage, based on a 4.5x income multiplier.

Savings Timeline

Estimated time to save the deposit based on a 10% monthly income allocation.

Additional Notes

Results are estimates based on 2025 UK mortgage guidelines from sources like the Bank of England and HM Land Registry. Consult a mortgage advisor for personalized advice. Learn more.

How to Use the Mortgage Deposit Calculator

Follow these steps to plan your home purchase deposit:

Enter the estimated property value you’re targeting.

Input your annual household income to check affordability.

Choose a deposit percentage (e.g., 10% is standard).

Specify your preferred mortgage term in years.

Enter an estimated interest rate (default is 4.5%).

Click "Calculate Deposit" to see detailed results.

Get instant estimates for your deposit needs and affordability, aligned with April 2025 UK regulations.

Features of Our Mortgage Deposit Calculator

Accurate calculations based on 2025 UK guidelines from official sources.

Detailed Loan to Value (LTV) analysis to understand mortgage rates.

Affordability check using standard 4.5x income multiplier.

Interactive SVG charts for deposit and LTV visualization.

Savings timeline to plan your deposit goal.

Responsive design with dark/light mode for all devices.

Frequently Asked Questions

What is a mortgage deposit?

A mortgage deposit is the upfront payment you make towards the purchase price of a property, with the remainder covered by a mortgage loan.

How much deposit do I need in the UK?

Most lenders require at least 5-10% of the property value, though larger deposits (e.g., 20%) can secure better interest rates.

What is Loan to Value (LTV)?

LTV is the ratio of your mortgage loan to the property value, expressed as a percentage. A lower LTV often means better mortgage rates.

Can I get a mortgage with a small deposit?

Yes, some lenders offer 95% LTV mortgages (5% deposit), but rates may be higher. Check schemes like the Mortgage Guarantee Scheme, available until June 2025.