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How much could we borrow?
chelseablue
Posts: 3,303 Forumite
Hi
Im looking to get a mortgage this year and was wondering how to work out what we could borrow?
Which companies lend on affordability rather than traditional salary multiples?
Should I post salarys on here and maybe a mortgage expert could give me an idea?
I've done some online calculators but not sure how accurate they are
Thanks!:D
Im looking to get a mortgage this year and was wondering how to work out what we could borrow?
Which companies lend on affordability rather than traditional salary multiples?
Should I post salarys on here and maybe a mortgage expert could give me an idea?
I've done some online calculators but not sure how accurate they are
Thanks!:D
0
Comments
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The online calculators are pretty accurate, Try the one on nationwides site, its based on affordability.Save save save!!0
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However each lender calculates their affordability differently so you will see quite a difference depending on lender.0
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I wouldn't bother with the calculators. My partner and I earn good salary's and it comes up saying something silly like £98k, which wouldn't buy you anything here.
Got £140k by going through a broker0
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