Official statistical benchmark + rule-based calculation · not a lending decision
Can we afford to buy in Argyll and Bute?
The area’s official average price and residents’ median pay first, then plain arithmetic for your household: deposit, loan, monthly repayment at a rate you choose, and the multiple of your gross income the loan would be. Lenders apply their own tests; none is modelled here.
The area
- Average house price
- £179,020 · Argyll and Bute, June 2026 · HM Land Registry
- Median full-time pay of residents
- £39,010 a year · 2025, provisional · ONS ASHE
- Price to pay
- 4.6 times one median full-time salary (Civometry ratio)
Rule-based calculation · £179,020 at 10% deposit, 5% over 25 years
£942 a month
Deposit £17,902 · loan £161,118 · 4.6 times gross household pay of £35,000
That is 39% of net household pay of £2,393 a month under the 2026/27 rules. The 5% rate is a placeholder you should replace with a real quote: no official average mortgage rate is loaded on this site. Repayment mortgage, fixed rate for the whole term, no fees, no stamp duty.