Affordability calculator

Unlock cash from your home — see your max from specialist lenders.

Keep your existing mortgage. Borrow against your equity. Live results from real lender models.

Live data Private & encrypted No signup needed Under a minute

Loan & property

Property value*

Sale price or current value.

Second charge loan amount*

The new amount you want to borrow.

Existing mortgage balance

Outstanding balance on your current first charge.

Monthly first-charge payment*

Your current monthly payment on the first charge mortgage.

Term*

In years.

Repayment

Region

Your details

Year of birth*

Used to check whether the term extends past retirement age.

Employment status*

Student loans

Select all that apply.

Employment & income

Add your current employment

Pick the type that best matches your situation.

Other income

Got rental, benefits, pension or other income?

Adding it helps us match you to more lenders.

Credit commitments

Credit card & overdraft

Total outstanding balance across all cards and overdrafts.

Unsecured loan payments

Monthly: personal loans, HP, PCP, etc.

Other ongoing mortgage payments

Excluding the first charge on this property (already entered above). Include any other mortgages — second homes, BTL, etc.

Household & expenditure

Dependants

Children who rely on your income.

Essential expenditure*

Food, utilities, transport, insurance. How we estimate →

Additional monthly commitments

Added on top of essential expenditure.

Council tax

Childcare / school fees

Service charge

Ground rent

Maintenance

Other committed expenditure

Medical, care, essential subscriptions

Email addressOptional

Your maximum borrow shifts with market conditions. Add your email and we'll let you know when it changes.

Everything you need to know

Before you apply for a second charge mortgage

How does a second charge mortgage work?

A second charge mortgage lets you borrow against the equity in your home - the portion you own outright. It's completely separate from your existing mortgage, so your current repayments stay exactly the same. These loans, also known as 'home equity loans', are entirely separate from your original mortgage.

How much can you borrow with a second charge mortgage?

You can typically borrow more than with a personal loan. With your home as security, you could borrow from £10,000 up to the full value of your equity - potentially hundreds of thousands of pounds depending on your property value and how much of it you own outright.

Will I be approved for a second charge mortgage?

Lenders will look at your credit history, income, and personal circumstances. They'll also need to know your property value, remaining mortgage balance, and any other secured loans on the property. We work with multiple specialist lenders to find the best match for your situation.

How long can you repay a second charge mortgage over?

You can spread repayments over up to 35 years, making monthly payments more manageable. Once you've decided how long you want to repay the loan over, payments are collected automatically by Direct Debit each month.

Second Charge Mortgage Affordability Calculator