Borrowing
What house can I afford on a £90,000 salary?
On £90,000 a year, many lenders would lend around £405,000, which is 4.5 times your income. With a 5% deposit that reaches a home of about £426,000, or about £450,000 with 10% down.
| Deposit | Home | Monthly | Cash on day one |
|---|---|---|---|
| 5%£21,300 | £426,000 | £2,051 | £31,710 |
| 10%£45,000 | £450,000 | £2,052 | £56,710 |
| 15%£71,400 | £476,000 | £2,050 | £84,500 |
| 20%£101,200 | £506,000 | £2,051 | £120,930 |
Repayment mortgage at 4.5% over 30 years. Day one cash is the deposit plus fees, and Stamp Duty in England for a first-time buyer. Try your own rate and term
Against your take-home pay
£90,000 is about £5,230 a month after tax and National Insurance in England. The £2,052 mortgage with a 10% deposit would be about 39% of that, before bills and council tax.
Common questions
- How much can I borrow on £90,000?
- Many lenders lend around 4.5 times income, so about £405,000. Some go up to 5 times, about £450,000, for some buyers. Debts and other payments bring it down. Only a lender can say for sure.
- What would the mortgage cost a month?
- With a 10% deposit on about £450,000, a £405,000 repayment mortgage at 4.5% over 30 years is about £2,052 a month, before bills and council tax.
- How much cash do I need on day one?
- About £56,710 at that price with a 10% deposit: the £45,000 deposit plus legal fees, searches, a survey and moving, and £7,500 Stamp Duty. First-time buyers in England pay no Stamp Duty up to £300,000.
- What if I'm buying with someone?
- Lenders add your incomes together. Add your incomes and use the guide for the total.
A guide, not a promise anyone will lend. Debts, other payments and your credit history change what a lender offers. Checked 2026-10-04.