Buy-To-Let
Calculator
Property finance made simple
AFFORDABILITY CHECK
ICR stress-tested maximum loan across 2-year and 5-year fixed rate products.
Property Details
£
%
20% LTV80% LTV
£
Mortgage Terms
%
0.1%10%
2yr tests run in parallel — the more restrictive result applies:
Test 1: Annual Rent ÷ ((BoE + 5%) × 100%) | Test 2: Annual Rent ÷ ((Rate + 2%) × ICR%)
Test 1: Annual Rent ÷ ((BoE + 5%) × 100%) | Test 2: Annual Rent ÷ ((Rate + 2%) × ICR%)
%
1%15%
yrs
5 yrs35 yrs
Rental Income
£
Your Results
Monthly Mortgage Payment
Interest Only
£1,031
Annual Mortgage Cost
£12,375
Annual Rental Income
£18,000
Gross Rental Yield
6.00%
Maximum Supportable Loan
Capped by ICR stress test
Gross loan (inc. arrangement fee)
£184,615
Net advance to borrower
£183,115
Minimum monthly rent to support this loan
At binding stress rate & ICR threshold
£1,500/mo
More available on interest only
On a repayment mortgage the higher monthly cost reduces the maximum loan ICR will support. Switching to interest only could increase the maximum gross loan to
£0 (net advance £0).
⚠ Affordability constraint applied
The maximum loan has been reduced below the LTV-based figure because the rental income does not meet the required ICR stress test.
LTV max net advance
£225,000
ICR max net advance
£183,115
Important: This calculator is for illustrative purposes only and does not constitute financial advice. ICR calculations follow the rules specified; individual lenders may apply variations. The arrangement fee is included in the gross loan figure. All other costs including legal fees, insurance and tax are excluded. Always seek independent financial advice.
MT Finance Limited (No.06622832). Registered Office: Ground Floor Cooper House, 316 Regents Park Road, London, N3 2JX.
MT Finance Limited (No.06622832). Registered Office: Ground Floor Cooper House, 316 Regents Park Road, London, N3 2JX.
