Mortgage - How much can I afford?

Before you proceed with a mortgage you should make sure that the monthly repayments are affordable. Use the calculator below to assess how much you can comfortably afford to repay each month.

Income:  
Net monthly salary £
Partner's net monthly salary £
Other Income £
Total Income £
   
Expenses:  
Credit Cards £
Gas £
Water £
Electricity £
Telephone £
Council Tax £
Food/Drink £
Clothes £
Car/Travel Expenses £
Life Assurance £
Regular Savings/Pensions £
Loan Repayments

£

Other Standing orders/Direct debits £
Entertainment/Holidays £
Household Maintenance £
Other Expenses £
   
 
 
Total Monthly Expenses: £
Spare income each month: £

 

This calculator has been provided for your guidance only. Its use does not represent any offer of a mortgage advance.

If you are seeking a mortgage loan, then you must make a formal application to an appropriate mortgage lender, who will consider your application in accordance with their lending criteria.

Mortgage loans are normally subject to a formal valuation of the property and proof of your earnings.

Your home may be repossessed if you do not keep up repayments on your mortgage.