How Much Can You Borrow on a Stipend Mortgage?

How Much Can You Borrow on a Stipend Mortgage?

Last updated: 20th October 2023

Ultimately this depends on how much income can be used. See the Do You Qualify page to see more detail on exactly what income can be used.

What affects how much you can borrow?

The main factors that affect how much you can borrow are how much your stipend and other income is. Any debts or loan payments will then reduce this accordingly.

Different deposit sizes can affect borrowing amounts (a larger deposit as a proportion of the properties value often allows a higher overall borrowing amount). As total income on the application increases it can pass multiplayer thresholds. Higher income can have higher maximum borrowing multipliers. Total income of £18.6k could be limited to borrowing 4 to 4.5 times annual income. 

Where total income exceeds £50k, five times income is possible. Five and a half times income can even be possible if applying with a partner in some specific professions.

Ultimately, the best way to find out what you can afford to borrow is to speak to a mortgage broker that specialises in stipend mortgages. 

Also see what documents are needed to apply for a stipend mortgage

Stipend Mortgage Examples


With the right amount of deposit and income it can be possible to borrow five times total income.

These examples assume a single person or couple with typical spending and no dependents. These are possible outcomes and require credit data and other criteria to fit a lender’s criteria. The most reliable way to assess your affordability is to contact a specialist stipend Mortgage Broker.

Your home may be repossessed if you do not keep up repayments on your mortgage