Nationwide how much can i borrow

Get a quick quote. Get an idea of what mortgages we could offer you, by answering a few questions. Get started. Look for a new buy to let mortgage. Get an Agreement in Principle. Alternatively, get an idea of what mortgages we could offer you, by answering a few questions. Get an idea of what mortgages we could offer you by answering a few questions. Get in touch. You can get in touch over the phone or visit us in branch.

Get a new mortgage. You are looking at getting a brand new mortgage with us for your new home. Take your mortgage deal with you. Find out more. What next Personalised quote. Finally, what would you like to do Get a personalised quote on the options that you have selected.

Find out how much you could borrow and see the monthly costs. See the mortgage rates we may be able to offer you. Change my deal. Change my deal and borrow more. Please get in touch over the phone or visit us in branch. Call us on: Relay UK: Mortgage calculator. Find out how much you could borrow and what it could cost.

What you've told us so far Property price. Value of current property This is the amount that you expect your property to be worth. Based on your last valuation. Amount you still owe You'll be able to find this out from your last mortgage statement.

Repayment type There are two different ways you can repay your mortgage: capital and interest or interest only. Please select Interest Capital and Interest. Mortgage term yy No. Mortgage term mm No. Planning to borrow more? Capital and interest.

Interest only. Please tell us a bit about yourself and anyone else who is applying. How many people are applying? Your details. Your annual income If you're self employed, please enter the average of your annual gross earnings over the past two years.

This is income before tax and National Insurance deductions. Don't include overtime or any bonuses that aren't guaranteed. Do you personally have any other sources of income? Annual amount before tax. Do you have any loans? These are any unsecured loans, like a loan to buy a car or holiday. Monthly loan repayments. Do you have any credit cards? Credit card balance after your last repayment.

Do you have any other monthly committed expenditure? Don't include grocery shopping, utility bills, fuel and travel. Monthly expenditure amount. Second applicant details. Their annual income If they're self employed, please enter the average of your annual gross earnings over the past two years.

Do they have any other sources of income? Do they have any loans? Do they have any credit cards? Credit card balance after their last repayment. Do they have any other monthly committed expenditure?

Do you or any additional applicant have any dependants? A dependant is someone you support financially and can be under or over Dependants under Number of dependants under Dependants over Number of dependants over Approximate price of property.

Deposit This is the amount of money you've already got towards the cost of the property. Years 35 years 34 years 33 years 32 years 31 years 30 years 29 years 28 years 27 years 26 years 25 years 24 years 23 years 22 years 21 years 20 years 19 years 18 years 17 years 16 years 15 years 14 years 13 years 12 years 11 years 10 years 9 years 8 years 7 years 6 years 5 years 4 years 3 years. Email address If you give us your email address, you're agreeing that we can email you about your result, which may contain our mortgage rates.

Marketing information We'd like to follow up with you to let you know about our mortgage offers and support you in the mortgage process. I'm happy for you to contact me about mortgages. Feedback panel Loan to value. Based on what you told us, you need a mortgage of. Based on what you told us, we could lend you Your monthly payments could be Your home or property may be repossessed if you do not keep up repayments on your mortgage.

What's next. Show me the mortgages. Want to speak to someone? Sorry, but based on the information you have supplied us, we are unable to provide you with a borrowing quote. You could try entering different values to see how this affects the outcome. Important information. Representative example. Please note that the figure provided does not take account of your individual circumstances, such as your household expenditure, your credit history or the condition of the property.

We strongly recommend that you get a Decision in Principle , which is a personalised estimate of how much you could borrow. Please also refer to the 'Important information' section below. Think carefully before securing any other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. How much can I borrow? Close screen reader. Calculate how much you could borrow. Next steps.

Accept and close. Sorry if this causes any problems. General criteria. In this section we cover:. Acceptable deposit sources Unacceptable source of deposit First time buyer Existing Nationwide borrowers Number of applicants. Unsecured debt Acceptable proof of payment history How long are offers valid for?

Ex-pats and applicants working abroad DIP refer cases. Go to Broker Chat. It must be dated within 42 days from when the document is uploaded. There must be evidence of at least one month's worth of savings built up in the account. If the transaction is a gift, the UK gifts criteria will be followed. In addition, one months' UK bank statement showing the funds being transferred to the UK bank account of the applicant.

If the transaction is a gift, then non-UK gifts criteria will be followed. Accepted on Shared Ownership applications, subject to the current builder cashback rules. Not accepted on Equity Share loan applications.

Letter from solicitor Gifts There must be no conditions attached to the gift, except where the gift is provided by a family member and is subject to a second charge or family trust arrangement.

The only condition is for the repayment of the charge upon sale of the property. If a gift was given to the applicant over 12 months ago, this should be keyed as savings. Concessionary purchase Genuine Bargain Price is any sale where the vendor is purposefully and knowingly selling the property to the applicants under value.

There isn't a maximum amount for gifted deposits. Read more about Genuine Bargain Price. If the maximum product limits available at the time mean the FHTB is insufficient to meet the shortfall between the purchase price and the maximum available loan, then an additional deposit will be required. Monthly repayment including the mandatory insurance payment must be included in affordability calculation, this will be confirmed from the Personal Information Note PIN as issued to your client by the MoD.

Remortgages - the applicants payslip will evidence the total monthly FHTB outgoing. Equity from sale of property Sale price of the property Funds from Redundancy Any supporting documents that clearly state the funds are from redundancy eg a letter from a previous employer or payslip. Unacceptable source of deposit Any loans taken out by your client, except for: borrowing from another lender against an additional property owned by the applicant subject to affordability and criteria the repayment of a Limited Company Directors Loan.

The Limited Company accountants must confirm the monies are available and there is no detriment to the company by removal of the funds. This deposit must also be keyed as savings. Loan from a UK Trust Fund, provided no monthly repayment is made and the only condition attached to the Trust Fund loan is that it is repayable on sale of the property. Any other form of loan from a Trust Fund is unacceptable. Funds from children under the age of 18, whether a sole or joint account holder, or beneficiary of a trust.

Cryptoassets Back to top. First time buyer If your client is a first time buyer, check our First time buyer page , for our standard criteria. Existing Nationwide borrowers Borrowing type Criteria Existing Nationwide borrower If your client is an existing Nationwide borrower, check our existing Nationwide borrowers page, which includes information on additional borrowing. Existing Nationwide borrowers page Overpayments section Porting To find out how to submit a porting case, you can check our dedicated page which includes key criteria and useful information.

Porting Rate Switch To find out how to complete a rate switch you can check our dedicated page which includes key criteria and useful information.

Rate switch Additional borrowing further advance To complete an additional borrowing application you can check our dedicated page which includes key criteria and useful information. Additional borrowing Going Green To apply for a Green product you can check our dedicated page which includes key criteria and useful information.

Going Green Back to top. Number of applicants The maximum number of applicants is two. Back to top. Term For interest only, the maximum term that Nationwide will lend up to is 25 years or retirement if sooner.

Otherwise the maximum term that Nationwide will lend up to is 40 years. Minimum age Minimum age for mortgage applicants is Maximum age New borrowers - Nationwide mortgages must be repaid on or before the eldest applicant's 75th birthday. Existing Nationwide borrowers under the age of 75 whose existing term extends beyond their 75th birthday may apply to port their product over the remainder of their current mortgage term providing: They don't increase the term s beyond the current remaining term s Any additional borrowing which must be on new products taken must be repaid on or before the eldest applicant's 75th birthday.

They continue to meet our standard status requirements and comply with our lending criteria. Current Nationwide borrowers already aged 75 and over may apply to port their product over the remainder of their current mortgage term providing: They don't increase the term s beyond the current remaining term s.

Retired borrowers may be able to borrow up to the age of The maximum acceptable retirement age is 70 If you need more information, you can contact one of our experienced advisers on Broker Chat.