Eligibility Statements This calculation is based on the following assumptions: Any application is for a standard residential purchase, excluding shared ownership, shared equity, and other discounted schemes At least one applicant is a first time buyer. We define a first time buyer as anyone who has not had a mortgage in the last 3 years The property is in the UK The mortgage is Capital and Interest repayment Any application meets the product criteria and minimum income requirements First time buyer affordability calculator If the application does not meet the above criteria, please use our standard affordability calculator Residential affordability calculator Loan Details Mortgage affordability calculator This calculator will provide a quick estimate of how much money may be borrowed. Are you a customer or an intermediary? Please select A customer An intermediary Which country will the applicants reside in after completion of this mortgage? Please select England Scotland Wales Northern Ireland Number of applicants 1 2 Excluding the applicant(s), enter any additional dependent people that will be living in the property (Adults 17+, Children under 17) Adults (Over 17) Children (Under 18) Borrowing Amount on Repayment Total Borrowing £0 Mortgage Term Years Months Agreed Purchase Price / Estimated Value Please provide the type of property you intend to mortgage Please select Terraced House Semi–detached House Detached House Terraced Bungalow Semi–detached Bungalow Detached Bungalow Converted Flat/Maisonette Purpose Built Flat/Maisonette Self Contained Studio Flat Other Please provide the Year Built (if known) for the property Please select Pre 2020 2020 Onwards Unknown Continue to Income Income Mortgage affordability calculator This calculator will provide a quick estimate of how much money may be borrowed. Applicant 1 Employed Income Edit Self Employed Income Edit Contractor Edit Other Income Edit Please use this button to add all income types Applicant 2 Employed Income Edit Self Employed Income Edit Contractor Edit Other Income Edit Please use this button to add all income types Continue to Outgoings Outgoings Mortgage affordability calculator This calculator will provide a quick estimate of how much money may be borrowed. For Help to Buy lending in England or Wales, input the equity loan being obtained from the Government Applicant 1 Total Monthly Leasehold Charges (For Shared Ownership include rent and service charges. Will there be a second residential home in the background to this mortgage? Applicant 1 Yes No Applicant 2 Yes No Input any mortgage balance outstanding Please select the repayment method Please select Interest Only Repayment Please select Interest Only Repayment Input the remaining term - years Applicant 1 Years Applicant 2 Years Input the remaining term - months Applicant 1 Months Applicant 2 Months Total Balance of all Mortgages on Rental Properties Applicant 1 Applicant 2 Total Balances on Credit Cards/Store Cards Applicant 1 Applicant 2 Total Monthly Loan Payments, including Student Loans and Hire Purchase Agreements Applicant 1 Applicant 2 Monthly Maintenance Payments Applicant 1 Applicant 2 Monthly Child Care or School Fees Applicant 1 Applicant 2 Any Other Monthly Commitments Applicant 1 Applicant 2 Calculate Results Output Mortgage affordability calculator Next steps Edit Calculation New Calculation
