If you’re planning to buy a new home in London using the Help to Buy scheme, understanding your costs is essential.
Our Help to Buy calculator London helps you estimate your property price, deposit amount, government equity loan, and monthly mortgage payments in seconds.
Whether you are a first-time buyer or upgrading to a new build property, this tool provides a realistic affordability estimate based on your income and borrowing capacity.
How much deposit do I need for Help to Buy in London?
Most buyers need at least a 5% deposit of the property price. The government equity loan can cover up to 40% in London depending on eligibility.
Can I use this calculator outside London?
Yes, you can select your region to estimate equity loan percentages across England and the UK.
Does this calculator show monthly mortgage payments?
Yes, it provides an estimate based on property price, deposit, interest rate, and loan term.
Is Help to Buy still available in London?
The original Help to Buy scheme closed in 2023, but similar affordable home ownership schemes and shared ownership programs are still available.