Illustration
Deposit for a £500,000 house
The cash, the mortgage and an example monthly payment at each deposit. Purchase tax is calculated on the tax tool, because the nation and buyer type change the bill.
Deposits on a £500,000 purchase
| Deposit | Cash | Mortgage | LTV | 25-year payment |
|---|---|---|---|---|
| 5% | £25,000 | £475,000 | 95% | £2,640.20 |
| 10% | £50,000 | £450,000 | 90% | £2,501.25 |
| 15% | £75,000 | £425,000 | 85% | £2,362.29 |
| 20% | £100,000 | £400,000 | 80% | £2,223.33 |
| 25% | £125,000 | £375,000 | 75% | £2,084.37 |
| 40% | £200,000 | £300,000 | 60% | £1,667.50 |
Purchase tax
England and Northern Ireland use Stamp Duty. Scotland uses LBTT. Wales uses LTT. The tax depends on price, buyer type and whether the home is an additional property. Calculate it separately.
Calculate stamp dutyOther buying costs
- Conveyancing and searches
- Survey or valuation
- Removals and overlap of housing costs
- Leasehold charges, where the property has them
These are categories, not fee quotes.
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