How does the Borrowing Power Calculator work?

The Borrowing Power Calculator estimates how much you’re able to borrow based on your financial situation. It does this by factoring in the following:

  • Income
  • Expenses
  • Existing debts

By calculating your monthly disposable income and applying a buffer for interest rate changes, this calculator gives a general idea of how much a lender might approve. However, it’s crucial to remember that this estimate doesn’t guarantee approval, as lenders may have additional requirements.

How long will it take to repay my mortgage?
Read More
Do I need to calculate stamp duty before buying land overseas?
Read More
How does the Deposit Calculator work?
Read More
How does the Lump Sum Payments Calculator work?
Read More
How does the Stamp Duty calculator work?
Read More
How does the Mortgage Timeline Calculator work?
Read More
How does the Repayment Calculator work?
Read More
How does the Mortgage Calculator work?
Read More
Can I calculate my mortgage online?
Read More
HQ

Glasshouse, Alderley Park, Nether Alderley, Cheshire, SK10 4ZE.

© 2024 All rights reserved