Guernsey Mortgage Calculator
Our free Guernsey mortgage calculator helps you work out how much you could borrow and what your monthly mortgage repayments might be. Simply enter your income and deposit to get an instant estimate of your borrowing range and budget.
How the Mortgage Calculator Works
Guernsey lenders typically allow you to borrow between 4 and 5.5 times your annual income, depending on your circumstances. Our calculator uses these income multiples to show you a realistic range of what you might be able to borrow.
If you're buying with a partner, you can add their income too - this can significantly increase how much you can borrow together.
Estimate Your Monthly Mortgage Repayments
As well as showing how much you can borrow, the calculator estimates your monthly mortgage repayments based on current Guernsey mortgage rates. Adjust the mortgage term to see how it changes what you'd pay each month.
Understanding Your Deposit
Your deposit is the money you've saved towards your home purchase. Most Guernsey lenders require at least 5% of the property value as a deposit. A larger deposit means you'll need to borrow less, which often results in better interest rates.
What is Loan to Value (LTV)?
Loan to Value shows what percentage of the property you're borrowing. For example, if you're buying a £500,000 property with a £50,000 deposit, your LTV would be 90%. A lower LTV usually means you'll get better interest rates from lenders.
Choosing Your Mortgage Term
The mortgage term is how many years you'll take to repay your mortgage. A longer term means lower monthly payments, but you'll pay more interest overall. Most first-time buyers choose terms between 25 and 35 years.
Frequently Asked Questions
Is the Guernsey mortgage calculator free to use?
Yes. Our Guernsey mortgage calculator is completely free and there's no sign-up. Enter your income and deposit to see an instant estimate.
How much can I borrow for a mortgage in Guernsey?
Most Guernsey lenders lend between 4 and 5.5 times your annual income. The calculator shows a range based on these multiples, and adding a second applicant's income can increase what you can borrow.
Does the calculator show my monthly mortgage repayments?
Yes. Alongside your borrowing range, the calculator estimates your monthly repayments using current Guernsey mortgage rates, and you can adjust the term to see the effect.
How accurate is the mortgage calculator?
It provides estimates only. Your actual borrowing depends on your full financial circumstances, including existing debts, credit history, and monthly outgoings. Guernsey lenders may have specific requirements.
Ready to Compare Mortgages?
Once you have an idea of your budget, use our comparison tool to see Guernsey mortgage products that match your requirements.
A sample of current mortgage rates in Guernsey
| Lender | Product | Rate type | Initial rate | APRC | Initial term | Max LTV | Min deposit | Fees |
|---|---|---|---|---|---|---|---|---|
| Lloyds International | 2 Year Tracker, Eco | Tracker | 4.30% | 6.60% | 2-year | 85% | 15% | £995 arrangement fee |
| Marsden Building Society | 2 Year Tracker | Tracker | 4.35% | — | 2-year | 60% | 40% | £998 arrangement fee |
| Lloyds International | 2 Year Premium Tracker | Tracker | 4.40% | 6.60% | 2-year | 75% | 25% | £995 arrangement fee |
| Butterfield | 2 Year Base Rate Tracker Guernsey Housing Association (First time buyer) | Tracker | 4.45% | — | 2-year | 80% | 20% | £999 arrangement fee |
| Butterfield | 2 Year Base Rate Tracker | Tracker | 4.45% | — | 2-year | 80% | 20% | £999 arrangement fee |
| Lloyds International | 2 Year Tracker | Tracker | 4.50% | 6.60% | 2-year | 75% | 25% | £995 arrangement fee |
| Marsden Building Society | 2 Year Tracker | Tracker | 4.59% | — | 2-year | 80% | 20% | £998 arrangement fee |
| Marsden Building Society | 2 Year Tracker, Over 55s | Tracker | 4.59% | — | 2-year | 60% | 40% | £998 arrangement fee |
| Lloyds International | 2 Year Fixed, Eco Home | Fixed | 4.64% | 6.70% | 2-year | 90% | 10% | No arrangement fee |
| Lloyds International | 5 Year Fixed, Eco Home | Fixed | 4.64% | 6.10% | 5-year | 90% | 10% | No arrangement fee |
| HSBC Channel Islands | 2 Year Fixed Premier Standard (Remortgage) | Fixed | 4.64% | 6.10% | 2-year | 60% | 40% | £999 arrangement fee |
| Lloyds International | 3 Year Premium Tracker | Tracker | 4.65% | 6.70% | 3-year | 85% | 15% | £995 arrangement fee |