Mortgage Affordability Calculator

For self build affordability calculations please contact the Business Development Team.

Our maximum LTI/income multiple for applications over 90% LTV is 4.5x. Please check the LTI alongside the affordability below.

About the loan

Type

Purchase Price / Property Value *

Method

Capital & Interest

Interest Only

Deposit / Equity

LTV

Term (Years) *

Number of Applicants *

Will consider fixed rate of 5 years or more? *

Shared Ownership? *

About the property

Location

Property Type

New Build?

Property Tenure

About the property expenditure

Annual property expenditure

Council Tax *

Buildings Insurance

Contents Insurance

Service / Estate Charges

Ground Rent

Monthly property expenditure

Utilities (Housing, fuel and power) *

Shared Ownership Rent *

Products

Please ensure the following questions are completed above

done close Purchase Price

done close Capital & Interest

done close Interest Only

done close Shared Ownership

Chosen Rate

Initial Rate

Initial Rate Type

Initial Rate Control Period

Max LTV

Total Fees

Selection

Looking up products

Override product rate on long term fix?

Manually enter Product Rate

About the applicants

Expand all

Date of Birth

Retired?

Planned Retirement Age

Number of Dependants (If dependant adults will reside at the property please contact us for a full affordability assessment)

Incomes

WARNING! When entering income please include 100% of what the client receives. Our calculator will automatically adjust where we take less than 100% of the income source.

Annual employment income

Basic Salary

Bonus (Annual)

Monthly employment income

Monthly bonus

Bonus (Latest Month)

Bonus (Month 2)

Bonus (Month 3)

Monthly commission

Commission (Latest Month)

Commission (Month 2)

Commission (Month 3)

Monthly overtime

Overtime (Latest Month)

Overtime (Month 2)

Overtime (Month 3)

Employment allowances

Car Allowance (Monthly)

Shift Allowance (Monthly - Non Guaranteed)

Shift Allowance (Monthly - Guaranteed)

London Weighting / Large Town Allowance (Monthly)

Mortgage Subsidies / Housing Allowance (Monthly)

Standby / Call Out (Monthly)

Annual sole-trader income

How many years has the applicant been a sole trader?

Net Profit (Latest Year)

Net Profit (Year 2)

Annual ltd company income

How many years has the applicant been a director of a limited company?

Directors Salary (Ltd Comp - Latest Year)

Directors Salary (Ltd Comp - Year 2)

Share of Net Profit (After Corporation Tax) (Ltd Comp - Latest Year)

Share of Net Profit (After Corporation Tax) (Ltd Comp - Year 2)

Dividend (Ltd Comp - Latest Year)

Dividend (Ltd Comp - Year 2)

Annual pension & investment income

Pension (Company)

Pension (Private)

Pension (State)

Pension Credit

Pension (War Disablement)

Pension (War Widower)

Pension (SIPPs)

Annuity Income

Investment or Dividend Income

Trust Fund

How many years has the applicant been in receipt of rental income?

Rental Income (from latest tax return)

Rental Income (from tax return Year 2)

Anticipated Retirement Income

Monthly benefit income

Child Benefit

Child Tax Credits

Universal Credit

Disability Living Allowance

Personal Independence Payment (PIP)

Working Tax Credits

Monthly other income

Maintenance (Court Ordered)

Second Job

Expenditures

Credit card

Credit card balance (current)

Credit card balance (to remain)

Hire purchase

Outstanding balance of ALL Hire Purchase agreements (current)

Balance of ALL Hire Purchase agreements (to remain)

Hire purchase agreements (Monthly) (current)

Hire purchase agreements (Monthly) (to remain)

Unsecured loans

Outstanding balance of ALL Unsecured Loans (current)

Balance of ALL Unsecured Loans (to remain)

Unsecured Loan repayments (Monthly) (current)

Unsecured Loan repayments (Monthly) (to remain)

Student loans

Undergraduate Student Loans?

Postgraduate Student Loans?

Monthly basic & lifestyle expenditure

Food and non-alcoholic drinks

Alcoholic drinks and tobacco

Clothing and footwear

Health

Transport

Communication

Recreation and culture

Monthly other basic essential expenditure

Maintenance

Child care

School / University Fees

Other Committed Expenditure

Other expenditure items

Savings and investments

Life assurance and contributions to pension funds

Repayment vehicle (Interest Only)

Close all

0330 123 1073

Mortgage Affordability Calculator

About the loan

About the property

About the property expenditure

Annual property expenditure

Monthly property expenditure

Products

About the applicants

Incomes

Annual employment income

Monthly employment income

Annual sole-trader income

Annual ltd company income

Annual pension & investment income

Monthly benefit income

Monthly other income

Expenditures

Credit card

Hire purchase

Unsecured loans

Student loans

Monthly basic & lifestyle expenditure

Monthly other basic essential expenditure

0330 123 1073

0330 123 1073

Mortgage Affordability Calculator

About the loan

About the property

About the property expenditure

Annual property expenditure

Monthly property expenditure

Products

About the applicants

add Applicant 1

Incomes

add Employed income

Annual employment income

Monthly employment income

add Sole-Trader income

Annual sole-trader income

add Ltd company income

Annual ltd company income

add Pension & investment income

Annual pension & investment income

add Benefit income

Monthly benefit income

add Other income

Monthly other income

Expenditures

add Debts

Credit card

Hire purchase

Unsecured loans

Student loans

add Expenditure

Monthly basic & lifestyle expenditure

Monthly other basic essential expenditure

0330 123 1073