mortgage calculator – Mortgages and Money

Mortgage affordability calculator — guide only

This calculator gives an idea of how much we could lend. Results are only a guide and not a firm offer.

How many people are applying?

How many child or adult dependants?

Loan type

Who is the customer?

Property purchase price

Loan amount (desired)

Loan term (years)

Is the mortgage part of a shared ownership / shared equity scheme?

Is any of the loan interest-only?

Is the property in Scotland?

Property type

Property EPC rating, if known

The amount we'll lend can change based on the property's EPC rating.

Income

If an applicant owns 25%+ of a business or income isn't PAYE (profit share/dividends), select self-employed.

Number of applicants (affects inputs)

Combined annual gross income (all applicants) — £

Non-sterling income?

Outgoings

Monthly figures (include car leases, HP, interest-only student loans, etc.)

Monthly loan repayments

Total outstanding credit card balances

Total outstanding overdraft balances

Total amount of other monthly outgoings

Monthly Buy to Let mortgage payments

Do applicants own any other properties (not counting BTLs)?

Interest rate used for monthly payment calc (%)

This rate is used to calculate an indicative monthly payment on the requested loan amount.

Assumptions

• Income multiple used: 4.5x (adjusted for self-employed).
• Affordability reduces where dependants/outgoings are high. This is a guide only.

Click calculate to see an indicative lending amount and monthly payments.