Buy to let rent calculator

Property Information


Apply for a buy to let mortgage

Buy-to-let lenders set different rental coverage ratios. As such, you should use this calculator for guidance purposes only. Please ask our advisors for a personalised mortgage illustration to ensure the rent you charge will cover the repayment of your mortgage.

Mortgage lenders require the monthly rent you charge to cover the interest-only portion of your monthly mortgage repayment by a certain amount. Use our buy-to-let rent calculator as a guide to how much you will need to charge in order to satisfy your lender’s terms.

Input your total outstanding mortgage amount and the annual interest rate into the fields provided. Then click ‘calculate’ to see an approximate minimum rent that you will need to charge. Once you have this information, you can compare this figure with local market rents to see if this is a reasonable sum.

If the proposed amount generated by the rent calculator is higher than what is being charged locally, you may need to rethink your strategy. If you are on target, or comfortably within the likely rental amount, then you should be in a good position to proceed with your application.

Speak to our buy-to-let advisors today to enquire about your next mortgage.

Additional calculators

Buy to let mortgage calculator

Calculate your monthly repayments for an interest only or capital repayment Buy to let mortgage.

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Use our free tax calculator to get an estimate of how much tax you may need to pay on rental income for the year.

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Find out if your tenant(s) will be able to comfortably afford your monthly rent using our Buy to Let rent affordability calculator

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Rental yield calculator

Establish if you will achieve a profitable return on investment from property purchase with our yield calculator.

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Stamp duty calculator

Most landlords need to pay extra stamp duty land tax (SDLT) on buy-to-let property acquisitions. Use our stamp duty calculator to find out how much you need to pay.

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LTV calculator

For buy-to-let investors, an LTV calculator can be an invaluable tool to check the ratio between the value of their property and the debt secured against it.

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Buy to Let guide

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Landlord forms

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