Borrowing calculator help

Employed/Retired clients

  • Enter the annual gross income amount. If the borrower has 2 part-time jobs which equate to a single full time job (up to 40 hours), we will utilise 100% of both incomes; enter the full amount in the "Annual gross income" box.
  • If the borrower has a full-time job (main job) and a part-time job, we will use 100% of the income from the second job - please enter the gross income amount for the second job.
  • For bonus, overtime, commission and allowances, enter the gross annual amount received. Any payments made in lieu of benefits can also be included within one of these boxes.
  • Retired borrowers: if the borrower is within 10 years of retirement - only enter the post retirement income or current salary whichever is lower. 'Retirement' is defined as age 70 or the borrower's retirement age whichever is earlier.
  • If the borrower is receiving pension income and employment income, include 100% of pension income in the "Annual gross income" box.
  • The Childcare Voucher scheme is paid via the borrower(s) salary and is declared on their payslip. Enter the gross annual amount based on the monthly amount declared. Please also ensure the Childcare Voucher amount is included in the annual gross income field.