Calculator assumes interest calculated monthly without PPI.
The amount payable may vary between providers due to the different ways they calculate the interest payable.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED
IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Mortgage Income Multiplier
A quick and easy way to calculate the likely maximum amount of mortgage loan available based on a typical lenders standard criteria. The figures provided by this calculator are for illustrative purposes only. It does not include all of the details you may need to arrange a mortgage loan. All mortgage loans depend upon the valuation of the property and the lenders own criteria.
Complete the information required and click the ‘Calculate’ button.
Results are for your general information and use only and are not intended to address your particular requirements. Results should not be relied upon in their entirety and shall not be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate results and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of using this calculator. Thresholds, percentage rates and tax legislation may change in subsequent finance acts. Homeowner Loans: The actual rate available will depend upon your circumstances. If you are seeking a mortgage loan, then you must make a formal application to an appropriate mortgage lender, who will consider your application in accordance with their lending criteria. Mortgage loans are normally subject to a formal valuation of the property and proof of your earnings.
The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Bright Advice is a trading style of Lifetime Wealth Management Limited, an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority.
The Financial Conduct Authority
Lifetime Wealth Management Ltd registered address 12-14 Upper Marlborough Road, St. Albans, Hertfordshire, AL1 3UR.
Registered in England and Wales, Company Number: 4631136.