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Affordability Calculators
MJP43
Posts: 61 Forumite
Hi There,
Quick question if I may.
Do affordability calculators factor in the 'stress test' when producing the result?
Many Thanks
Quick question if I may.
Do affordability calculators factor in the 'stress test' when producing the result?
Many Thanks
0
Comments
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Yes. They reflect what the lender is willing to lend based on that lenders interest rate and assumptions of outgoings, such as ONS data.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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