Calculators
Mortgage Calculator
Mortgage calculator
This tool allows you to obtain an approximate figure of the amount you can afford to borrow and ow much your monthly repayments would be.

 
Insert the following details In Figures(£)     Income Multipliers In Figures(£)
           
Price of house     Highest Income
Official Valuation of house     Second Income
Your income (highest income if joint application)     Total Income
Second income (if joint application)        
Loan to valuation percentage     3 times highest income
Mortgage Interest Rate (%)     Add Second income
Term of mortgage(in years)      
        2.75 joint income
Answer Screen1 In Figures(£)     Answer Screen2 In Figures(£)

Can you afford it?

    

How much will the mortgage repayments be?

The price of the house is     Your mortgage is
Your income is(highest)     Intrest rate is
  (second)
    The term is
The maximum loan on your income is     Monthly repayment will be
The loan to valuation limit is        
Therefore the maximum mortgage you could raise is        
Therefore, you need a deposit of        
Disclaimer

"We do not guarantee the accuracy or reliability of this calculator and cannot be held liable for damages or loss arising out of its use. The results given are estimates and should be used as a guide only."
moneybasics UKmoneybasics.co.ukConsumer Credit Counselling ServiceGE Money