Property Tax
Mortgage Affordability Calculator Scotland
See how much you could borrow based on your Scottish salary, with LBTT costs, first-time buyer relief, and monthly repayment estimates.
Enter your salary and deposit to see what you could afford.
How mortgage affordability works in Scotland
Lenders typically offer 4.5× your gross annual income, though some will stretch to 5.5× for high earners or professionals. Joint applications use combined income. Your deposit determines your loan-to-value (LTV) ratio, which affects the interest rate you'll be offered.
Scotland's unique buying costs
Unlike England, Scottish property purchases include:
LBTT — Scotland's property tax, with a nil rate band up to £145,000 (£175,000 for first-time buyers).
Offers over — most Scottish properties are marketed below the Home Report valuation. Any amount above the valuation must come from your cash — the lender won't fund it.
Solicitor fees— typically £800–£2,000, as solicitors handle the entire process in Scotland (no separate conveyancer).
The “offers over” cash trap
If a property has a Home Report valuation of £200,000 and you offer £220,000, your lender will only mortgage up to £200,000 (minus your deposit percentage). The extra £20,000 must come from your own savings. This catches many Scottish buyers off guard.
See your budget. Enter your salary and deposit above to see what you could realistically afford — including LBTT costs.
Back to calculator ↑Related Calculators
LBTT Calculator
Calculate your LBTT on any Scottish property purchase, including first-time buyer relief and ADS.
💷Scottish Income Tax Calculator
See your Scottish income tax across all 6 bands, with an England comparison built in.
💰Take-Home Pay Calculator
See your exact take-home pay monthly, weekly, daily, and hourly after all Scottish deductions.
This calculator provides estimates only and does not constitute financial or tax advice. Always verify with Revenue Scotland, HMRC, or mygov.scot, and speak to a qualified financial adviser for advice specific to your circumstances.