Affordability Calculator

This mortgage affordability calculator has been designed to be a useful tool to help you calculate whether your client can borrow their desired mortgage amount with a particular lender based on their income and financial commitments.

Click here to learn how to use this tool

Section 1

CURRENCY

Currency of input figures i.e EUR, GBP, USD
Please ensure that all amounts entered into this calculator are in the same currency (click here to open the currency converter)
Section 2 INCOME
Net or Gross Income (Monthly)		% accepted by lender:
Overtime (Monthly)		Overtime: %
Commission, Bonuses, Dividends etc (Annual)		Commission: %
Buy to Let, Pensions, other relevent income (Monthly)		Other Income: %

Section 3

DEBT SERVICE COVERAGE RATIO

Lender's Max DSCR %

Section 4

LIABILITIES

Residential mortgage payment (Monthly)

Current BTL mortgage payments (Monthly)

Anticipated cost of new mortgage (Monthly)

Loans, credit cards, other liabilities (Monthly)