Buy to let mortgage calculator - Commercial Trust

Working out mortgage repayments when buying a UK property to let

You can see the mortgage ammount you could borrow based on your monthly rental income. 

The BTL calculator assumes a minimum rental cover of 125% at the higher of the product pay rate or a 5.00% stress rate.

Please note that buy to let lenders calculate rental cover differently, and some may require you to charge a higher or lower rent. Speak to your advisor for more information about rental cover rates.

Using the calculation for a buy to let mortgage application 

If the mortgage repayments will be over the rent, you can charge you might consider attempting to save up a larger buy-to-let deposit.

The figures from the calculator can help start your search for a mortgage agreement in principle. Call us to get a full mortgage illustration, worked out from your deposit, rental income and personal circumstances.