Main salary:

£

Enter your Annual Salary (Gross, Before Tax, NI & Other deductions)

Second salary:

£

Enter your partners Annual Salary (Gross, Before Tax, NI & Other deductions)

Total Monthly Loan Payments:

£

Enter your total (joint if applicable) monthly payments for all of your loans and HP (Don't include regular open ended bills like Gas, Water, Electric, Gym Membership & Mobile Phone Contracts)

Total Credit Card Balances:

£

Add your total (joint if applicable) outstanding credit card balances

Total amount you can borrow:

£

This is an estimated mortgage amount based on the information provided above, every lenders affordability calculation is different so you should call or complete our enquiry form to obtain a more accurate figure if required.

Loan Amount:

£

Enter the amount you would like to borrow on a mortgage, this automatically defaults to the "Total amount you can borrow" figure above but can be changed as required.

Deposit:

£

How much do (or will) you have available for a deposit

Maximum Purchase Price:

£

This is simply the mortgage with your deposit added and is an estimated figure based on the information previously provided.

Load to value:

  (%)

This is a percentage figure of the loan amount in relation to the property value.

Mortgage amount:

£

Enter the amount you would like to borrow on a mortgage, this automatically defaults to the "Total amount you can borrow" figure above but can be changed as required.

Mortgage interest:

  (%)

The interest rate payable for the mortgage

Mortgage term:

  1 years 2 years 3 years 4 years 5 years 6 years 7 years 8 years 9 years 10 years 11 years 12 years 13 years 14 years 15 years 16 years 17 years 18 years 19 years 20 years 21 years 22 years 23 years 24 years 25 years 26 years 27 years 28 years 29 years 30 years 31 years 32 years 33 years 34 years 35 years 36 years 37 years 38 years 39 years 40 years

Over what term do you require the mortgage

Your monthly payments:

Repayment:

£

With this method your monthly repayments gradually pay off the amount you owe as well as paying the interest charged on the loan.

Interest only:

£

With this method your monthly payments only cover the interest on the loan. They do not pay off any of the capital, and you will need to pay separately into a savings or investment plan to build up a lump sum to pay off the mortgage at the end of the term.

Calculate From Rent Received

Rent Received:

£

Enter the anticipated monthly rental income that will be received for the property (based on a 6 month Assured Shorthold Tenancy).

Interest:

  (%)

Enter the anticipated interest rate charged by the lender for your Buy to Let mortgage

Max. loan amount:

£ (at 125% Rental Coverage)

£ (at 120% Rental Coverage)

£ (at 115% Rental Coverage)

Calculate From Loan Required

Loan Required:

£

Enter the mortgage required for your Buy to Let property

Interest:

  (%)

Enter the anticipated interest rate charged by the lender for your Buy to Let mortgage

Min. rent required:

£ (at 125% Rental Coverage)
£ (at 120% Rental Coverage)
£ (at 115% Rental Coverage)