Affordability Calculator

The affordability calculator works out how much you might be able to afford to pay back on your mortgage based on your income and outgoings. It is for illustrative purposes only and doesn't provide all the information you need to choose a mortgage.

What to expect

Only takes 5 minutes

A quick but detailed check based on your income and outgoings to see how much you could potentially borrow.
Valid for 30 days

At the end you can request a Decision in Principle (DIP). You can do this within 30 days of receiving your calculation.
Soft credit check

We will carry out a 'soft' credit check. These checks won't affect your credit score now, or in the future.

What you'll need

Your income:

Salary including any bonuses, overtime and benefits
If you’re self-employed - last 2 years of accounts or Accountant's Certificate and net profit
For limited companies - amount of dividends and remuneration
If you’re a contractor, please quote your annual salary as your daily rate x 5 x 48 weeks as employed income, rather than self-employed income.

Your outgoings:

Loans
Credit cards
Existing mortgage payments
Spending

What happens next

We'll use the information you provide to assess your ability to afford a mortgage.

If we find that you could afford the mortgage we will then run a soft credit check. Where we assess it is not affordable, your application may be rejected.

You could lose your home if you don’t keep up your mortgage repayments.

Affordability check