• Affordability Calculator
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  • For use by authorised intermediaries only

Mortgage Affordability Calculator - for new business only

This calculator should not be used for additional lending, portability or transfers of equity. Affordability can only be assessed on submission of a full application for this type of lending.

The Affordability Calculator will give you a quick estimate of how much your client can borrow. Please click on Help where these appear for advice on how to complete the section.

Your client's mortgage loan requirements

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   We define financially independent adults as those who are in employment and are financially fully self-sufficient. Help

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 Years  Months 

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£
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Enter details of your client's income
Applicant 1

Please do not include any non-sterling income below.

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Employed/Retired clients Help

   If any of the applicant's salary is paid in Childcare Vouchers, you need to enter the annual amount here. Please also ensure that the full salary (including any Childcare Vouchers) is entered in the annual income field above.  Help

Self employed clients - Sole traders and Partnerships only Help

Please state the client's share of annual net profit (£)


Salaried / Non-salaried directors

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Please state the client's annual net dividends (£)

If the client's required loan is unaffordable using dividend income, you can enter net profit minus Corporation Tax(£) below and recalculate to use this instead


Other IncomeHelp

   Please only include Child Benefit for children under 13 years of age. Help

Enter details of your client's outgoings / expenditure

Outgoings to remain outstanding after the mortgage completes. Help

Outgoings to be repaid when the mortgage completes.

Credit Cards

Overdrafts