Mortgage Income Multiple Calculator (Loan-to-Income)
Answers "how many times my income can the mortgage be?" Enter your annual income, property price, and down payment to instantly see your loan-to-income multiple (loan ÷ income). It checks the result against the common 5–7× guideline and rates it comfortable, standard, slightly high, or high, and also shows the price-to-income multiple and down-payment ratio.
Input
k
k
k
Result
Loan-to-income multiple
6.0×
Standard
Within the 5–7× range widely considered manageable.
Loan amount
3,000k
Price-to-income multiple
7.0×
Down-payment ratio
14.3%
How it works
- Income multiple = loan amount ÷ annual income. The loan amount is property price − down payment; if the down payment exceeds the price, the loan amount is treated as 0.
- Based on the loan-to-income multiple, the rating is: under 5× "comfortable", 5× to under 7× "standard", 7× to under 8× "slightly high", and 8× or more "high". This follows the common view that a manageable loan is roughly 5–7 times annual income.
- It also shows the price-to-income multiple (property price ÷ income) and the down-payment ratio (down payment ÷ property price). Some statistics quote the property-price-based income multiple.
- Enter all amounts in the same unit — here, thousands (e.g. an income of 500,000 is entered as 500). Results are a straightforward calculation from your inputs.
- This rating is only a guide based on a single metric, the income multiple. The amount you can actually borrow or comfortably repay depends heavily on the interest rate, loan term, other debts, family situation, and household finances. Consult a lender or financial adviser before borrowing.
Reviews
Tell us what you think of this calculator.
Write a review
Found an incorrect result or a problem? Turn this on to report it.
- Home
Mortgage Income Multiple Calculator (Loan-to-Income)