Most lenders will let you borrow between 4 and 4.5 times your annual household income. On a joint income of £60,000, that is typically £240,000 to £270,000. However, specialist schemes such as Income Boost mortgages, Professional mortgages and 5x Income mortgages can allow eligible buyers to borrow up to 5.5 or 6 times their income. On average, Tembo customers increase their buying budget by £82,000 by comparing their eligibility over 20 specialist buying schemes, as well as over 20,000 mortgages from familiar high street names across the market. Your actual borrowing limit depends on your income, deposit, credit history, and outgoings.

A mortgage calculator gives a useful estimate based on standard lender criteria, but it is not a guarantee of what you will be offered. Different lenders assess affordability differently, and specialist schemes can significantly increase your borrowing capacity beyond what a standard calculator shows. This is why our Mortgage Calculator shows your potential borrowing from standard mortgages and specialist schemes. But for a more accurate figure, it's always best to speak to a whole-of-market mortgage broker, like Tembo.

The standard income multiple used by most lenders is 4 to 4.5 times your annual household income. Some lenders offer higher multiples for certain professions or income levels. For example, Professional Mortgages can allow borrowing of up to 5.5 times income. Income Boost mortgages can also increase the income used in affordability calculations by adding family members to the mortgage as guarantors, effectively raising the maximum amount you can borrow.

On average, Tembo customers increase their buying budget by £82,000. This comes from our access to over 100 lenders, as well as specialist schemes such as guarantor mortgages, shared ownership and key worker mortgages. Your actual figure depends on your income, deposit and circumstances.

A bank can only offer you a deal from its own mortgage products. Tembo searches 100+ lenders and 20,000+ deals, and also checks specialist schemes — like guarantor mortgages, shared ownership and NHS mortgages - to find you the best options for you from across the whole market. It's how we're able to boost our customers' affordability by £82,000 on average!

No, using an online mortgage calculator does not affect your credit score. A credit check only occurs when a lender carries out a hard search as part of a formal mortgage application. Completing your details online with Tembo to see what your mortgage options from across the market also does not involve a credit check and will not impact your credit score.