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Possible amounts to borrow
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Cupcake85
Posts: 72 Forumite
I am looking to buy a home that's 325k, I have a deposit (equity from pervious property and saved cash) of 145k so need a mortgage of 180k
My husband earns £33,280 per year minimum
I earn £4.592 I also get child benefit for two chrildren £1788 a year
No debits, no childcare, no finance, shopping £70 a week and average bills we live very carefully.
Is a 180k mortgage in our reach?
My husband earns £33,280 per year minimum
I earn £4.592 I also get child benefit for two chrildren £1788 a year
No debits, no childcare, no finance, shopping £70 a week and average bills we live very carefully.
Is a 180k mortgage in our reach?
0
Comments
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It is quite tight but it looks like it should be achievable subject to the finer details.I am a Mortgage AdviserYou 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.0
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Thanks, I done a few online calculations and they say 160-187 so very different!0
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