Determining how much mortgage you can afford is crucial for responsible homeownership. While various factors come into play, consulting a mortgage advisor is highly recommended to guide the complexities.

To provide accurate guidance, these professionals assess your financial situation, including income, expenses, and credit history. In the UK, lenders generally cap mortgage affordability at around 4.5 times your annual income. However, it's vital to consider your circumstances, such as existing debts, monthly bills, and lifestyle costs, to establish a realistic budget. By working with a mortgage advisor, you can gain valuable insights tailored to your needs, ensuring a mortgage that fits comfortably within your means.

Original Source:- https://www.quora.com/How-much-mortgage-can-you-really-afford/answer/Ranjit-Singh-3890/log