How the Calculator Can Help
A mortgage calculator can help you understand your budget before you start making plans. You can use it to get an idea of:
How much you may be able to borrow
What price range may suit your budget
Whether your income could support the mortgage you want
How your monthly commitments may affect your borrowing
Whether you are ready to speak to a mortgage adviser
The more accurate your details are, the more useful the estimate will be.
Remember, This Is Only a Guide. A mortgage affordability calculator gives you an estimate. It does not guarantee that a lender will offer you that amount.
Every lender has different rules. They may look at your income, credit history, deposit, employment type, monthly spending and the property you want to buy.
That is why it is still important to speak to a mortgage adviser before making any big decisions.
Get a Clearer Answer From a Mortgage Adviser
Once you have used the calculator, Green & Green can help you understand what your real mortgage options may look like.
Your adviser can:
Review your income and outgoings
Check how much you may be able to borrow
Search across a wide range of lenders
Help you get a Mortgage in Principle
Explain your options in plain English
Guide you through the next steps
This gives you a clearer picture before you start viewing properties or applying for a mortgage.
Ready to Find Out What You Could Borrow?
Use the mortgage affordability calculator today to get an idea of your budget.
Then, when you are ready, speak to Green & Green for clear mortgage advice based on your personal situation.
