Each mortgage lender has a very different approach to working out what your maximum mortgage amount could be. This calculator will help give you an approximate figure on what could be possible. Please do bear in mind that this is just to be used as a guide and your financial adviser will look into your affordability in much more detail to give you an accurate affordability amount.
Once you’ve completed our “How much can I borrow” calculator we will provide you with and approximation of a reasonable mortgage amount. This calculator does not constitute as advice in any way and you will need to discuss affordability in more depth with your financial adviser. Every lender has unique affordability criteria and only once your adviser has completed a fact find will they be able to give you advice. It is also worth noting that as well as income and expenditure your credit rating, loan to value and household outgoings can play a big part in determining how much you can borrow.