Are you applying for a single or joint mortgage?
4 X Salary
4.5 X Salary
5 X Salary
Depending on your personal circumstances, most lenders may let you borrow between 4-5 times your annual income. There are some lenders that will allow you to borrow more, they will assess your income differently and if you are ready to look at your Mortgage options, please contact a GoBear Loans advisor.
Disclaimer: “Depending on your personal circumstances, most lenders may let you borrow between 4-5 times your annual income. There are some lenders that will allow you to borrow more, they will assess your income differently and if you are ready to look at your Mortgage options, please contact a GoBear Loans advisor”
Have you got a dream property in mind? Try our free online Mortgage Affordability Calculator. Simply enter a few details below and to find out how much your monthly repayments could be?
About Your Mortgage
What is your property value? (£)?
How much would you like to borrow?
How many years to you want your Mortgage to run for?
0 years
Disclaimer: This calculator is an estimation of how much you may have to repay each month. Representative example: A mortgage of £200,000 over a term of 25 years on an initial 60-month fixed rate at 4.43% would require 60 monthly payments of £1108.25 and 240 monthly payments of £1,472.99 based on a Standard Mortgage Rate currently 7.99% (variable). The total amount payable would be £419,577.60 made up of the loan amount plus interest (£219,977.92) and Lender product fee (£999.00). The overall cost for comparison is 6.9% APRC Representative.