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How to calculate possible mortgage

izzy22
izzy22 Posts: 2 Newbie
in Mortgages & endowments
I realise this is a silly question but...
Assuming my credit rating is fine how can I roughly estimate what kind of motgage I could get?
Someone suggested that most conservative would be 'salary x 3.5'
Is that true?
I just want a rough idea whether it's even woth considering getting one or not.

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    go to the lenders sites ... most have a mortgage calulators where you can feed in your details and they will say what they will lend you
  • izzy22
    izzy22 Posts: 2 Newbie
    Oh, I thought you have to fill in your personal details to get quotes and that can affect your credit rating...
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    izzy22 wrote: »
    Oh, I thought you have to fill in your personal details to get quotes and that can affect your credit rating...


    have look ; these are indicative quotes not real ones and so don't ask for your name
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