Mortgage Affordability Calculator Platform
We ll work it out by looking at your income and your outgoings.
Mortgage affordability calculator platform. This tool will help you estimate how much you can afford to borrow to buy a home. The rivergreen centre aykley. Simply enter your monthly income expenses and specified mortgage rate. A bank does on you to work out how much they re willing to lend you on a mortgage loan.
An affordability check is an assessment that a mortgage lender e g. The affordability and criteria platform for mortgage advisers one easy to use form to calculate which lenders are eligible by comparing affordability and criteria for residential and buy to let save time during the research process. Quickly find the maximum home price within your price range. The results are intended for illustrative and general purposes only and do not constitute nor should they be relied upon as financial or other advice.
Direct integration with lenders calculators ensures fast and accurate results from a simple form. Use our product table to find a mortgage that suits your client. The information contained within this section is for use by mortgage intermediaries authorised by the fca. Find out how much your customers may be able to borrow using our affordability calculator.
The mortgage affordability calculator estimates a range of home prices you may be able to afford based on the accuracy and completeness of the data and information you enter. Atom bank atom and digital mortgages by atom bank are trading names of atom bank plc a company registered in england and wales with company number 08632552. Please note our affordability calculators are for guidance purposes only the affordability result is subject to underwriting and does not constitute a lending decision. Knowing how much how you can afford is a great starting point in your home buying process.
A lender will do an affordability check after either you or your mortgage broker submit your mortgage application to them. Find products rates and more. Mortgage affordability calculator how much can you borrow. Mortgage lenders will look at these figures very closely to work out how much they ll offer you.
The co operative bank platform smile and britannia.