Is this borrowing realistic or too much?

Limerman90

We have been looking at a property we like, but want to know if we can realistically afford it, how much more could we borrow? I’ve tried online calculations etc but getting confused by it all, seems even more confusing than when we were first time buyers! I’ll provide some further information, would really appreciate any further advice. 

Our house valuation: £220,000

House were interested in: £260,000

Current mortgage: purchase price £140k in 2017 with a mortgage of £133,000

£109,500 remaining

Fixed until 2026 at 2.6% and portable with 23 years remaining (£539 pm)

Household income £42,000

Savings £13,000 currently 

Dependants: 1 

silvercar

I’ll close this thread, given you are getting some answers on the other thread you started.