Each lender has their own affordability check and this figure is to be used as a rough guide. Your adviser will complete a personal affordability check which will take into account things like:
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Credit Commitments and debt consolidation
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Credit History
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Age
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Type of work
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Whether you are employed or self employed
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Financial commitments such as children
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Overall term of the mortgage
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If you rely on things like commission or bonuses
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If you receive allowances
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If you are a first time buyer
Whatever the loan amount it's also important to make sure that any loan you take is affordable both now and in the future.
Other Mortgage Calculators
Based on a mortgage of £125,000 at 95% LTV
Initial Rate | Fixed Till | Then |
|---|---|---|
5.22% | 31/10/2029 | 7.49% |
5.22% | 31/10/2029 | 7.49% |
5.24% | 31/10/2029 | 7.99% |
Based on a mortgage of £125,000 at 50% LTV
Initial Rate | Fixed Till | Then |
|---|---|---|
4.49% | 01/10/2029 | 7.99% |
4.48% | 31/07/2029 | 6.99% |
4.48% | 31/07/2029 | 8.24% |
Based on a mortgage of £125,000 at 50% LTV
Initial Rate | Fixed Till | Then |
|---|---|---|
4.21% | 31/07/2029 | 8.24% |
4.49% | 31/07/2029 | 8.24% |
4.54% | 31/05/2029 | 8.49% |
Based on a mortgage of £125,000 at 50% LTV
Initial Rate | Fixed Till | Then |
|---|---|---|
4.16% | 30/06/2029 | 8.74% |
4.17% | 30/06/2029 | 8.74% |
4.45% | 02/08/2029 | 7.50% |
* Rates updated weekly each Monday
Looking for a mortgage broker in Chester, Wrexham, Flintshire or Denbighshire? Greymere Finance offers mortgage advice both locally and nationally.
Contact us to get the best rates on 01244 267682
David Williams trading as Greymere Finance (FCA No.944564) is an Appointed Representation of Julian Harris Mortgages Ltd (FCA No.304155) which is authorised and regulated by the Financial Conduct Authority