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How much can I borrow?
You may want to know how
much you can borrow before you start looking for a home
to buy.
Simply answer the 3 questions in the calculator and
it will tell you how much you are likely to be able to borrow, based on the
average income multiples used by many lenders. There are a number of
mortgage providers that will lend more or less than the amount calculated here. If
you want a more specific idea of your maximum borrow please contact our helpline
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Mortgage
amount calculator
How much will it cost?
Once you know how much you can (or need to) borrow,
it is important for you to know how much your mortgage will cost you. The
monthly mortgage repayments will depend on three things
1) what repayment method you select i.e. capital and interest
or interest only
2) how long you choose to repay the mortgage over
3) which
mortgage product and interest rate you select. Our
easy to use calculator will provide you with an indicatoion as to what your
monthly repayments would be for a specific loan amount and at a given
interest rate. However, as this will depend greatly on your own individual
circumstances it must be used only as a guide. If
you want a more specific idea of your maximum borrowing capacity please contact our helpline
- Mortgage
repayment calculator
Contact our helpline on
01206 240800
to discuss
your specific circumstances in more detail, allowing
us to give you a more specific idea of your
maximum lending and mortgage repayments
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