Mortgage tools
Second home mortgage calculator
Yes, you can get a sense of what you might borrow for a second home in a few seconds. Enter your income and what you still owe on your main home below, and this tool shows an indicative borrowing range for the second property.
A second home is assessed on your income, like your main residence, not on the rent it might earn. Lenders look at your total mortgage borrowing against your income, usually at 4.5 to 5 times income, then take off your existing main-home mortgage to see what is left for the second home. This calculator covers affordability only, so treat it as a starting point rather than a quote. If you plan to let the property out, it is assessed on a buy-to-let basis instead.
What you still owe on your current home.
Your indicative second-home borrowing range
Enter your figures above
These figures are illustrative only. They are not a quote, offer or advice. Actual borrowing is subject to full lender assessment and status.
See what you could borrow for a second home
Check Your EligibilityThink carefully before securing your debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.