Bad Credit
Mortgage Calculator
Got bad credit? You could still get a mortgage. At GoMortgage, we specialise in helping people with missed payments, defaults, CCJs and other credit issues get approved.
Use our bad credit mortgage calculator to see how much you could borrow and what your monthly repayments might be—quick, simple, and tailored to your situation.
Potential Property Value
£0
Based on 4.5x your household income plus your deposit, you could potentially purchase a property of this value.
Based on your income, this is the amount lenders may be willing to let you borrow. Actual offers may vary.
Your estimated monthly payment based on the interest rate and mortgage term you entered. Increase your deposit or term to lower this.
LTV is the percentage of the property value you're borrowing. Lower LTVs are considered less risky and may secure better rates.
How it works
Three simple steps to secure your mortgage – backed by expert advice and a smart, supportive process from start to finish.
Tell Us a Little Bit About You
A quick, painless 60-second form captures your current situation.
We Find the Perfect Match
Partnering with over 100 leading lenders, including exclusive specialist options
Your Personal Mortgage Team
You’ll be assigned a dedicated team of experts who handle every step.
Got Questions?
Our FAQs are here to give you clear, straightforward guidance so you can understand your options with confidence. Whether you’re checking what you can afford, exploring repayments, or comparing mortgage deals, you’ll find the essentials covered here.
Does bad credit mean I need a bigger deposit?
Not always. Some lenders may ask for a higher deposit, but many will consider standard deposit levels depending on how recent and severe your credit issues are. Your GoMortgage adviser will tell you what’s realistic for your situation.
Will lenders look at my whole financial history or just my credit score?
Specialist lenders take a full view – income, affordability, stability, and how you’ve managed money recently. A low score alone rarely tells the full story, which is why GoMortgage works differently from high-street banks.
Can using a calculator help me understand my chances of approval?
Yes. The bad credit mortgage calculator gives you a helpful starting point based on typical lender criteria. It’s not a decision, but it does show whether your budget and deposit line up with what lenders usually expect.
What types of bad credit do lenders accept?
It varies, but many lenders consider applicants with defaults, CCJs, missed payments, payday loans, debt management plans, and even discharged bankruptcies – especially if they’re older or satisfied.
Can improving my credit score increase how much I can borrow?
Yes. Even small improvements – such as reducing credit utilisation or correcting report errors – can boost affordability and unlock better mortgage options. Your adviser can guide you through quick wins.
How quickly can I get a decision with bad credit?
Often faster than people expect. Once we have your documents, GoMortgage can approach the right lenders immediately. Some provide agreements in principle the same day, even for applicants with past credit issues.
