Find out how much you can borrow for a mortgage with our Mortgage Borrowing Calculator!
Welcome to our Mortgage Borrowing Calculator, where you are able to get a rough idea of the amount you might be able to borrow on mortgage!
To calculate an estimated amount of how much you (and your partner if applicable) may be able to borrow on mortgage based on your income(s), simply fill in the boxes below requesting your income together with any guaranteed bonuses or overtime income, and we'll calculate an estimated borrowing amount for you. Please note, your results will appear underneath the calculator, so you will need to scroll down again after pressing the calculate button.
The one question many people ask straight away when it comes to getting a mortgage is 'How much can I borrow?', and it's a good a question! There are a number of considerations to take into account, such as your income and your partners income where appropriate, employment status, whether you have a deposit or not, and any credit problems you may have experienced amongst other factors. For more detailed reading we recommend you read our Mortgage Glossary articles on Mortgage Affordability, Income Multipliers, Income Stretchers and Mortgage Underwriting to give you a better idea of how these factors may play a part in your mortgage borrowing amount.
Make sure you read the Key Facts Illustration (KFI) provided to you before choosing your mortgage. The information provided here is not a personalised illustration and is subject to an assessment of your income, property value and credit checks.
Call us today for an in-principle mortgage decision!
Well, we hope you found our Mortgage Borrowing Calculator to be of assistance.
Shire Direct and Shire Direct Mortgages are trading styles of Shire Processing Centre Limited which is
Authorised and regulated by the Financial Services Authority in respect of regulated mortgage products and general insurances.
Registered No: 302389. Commercial funding and Secured Loans are not regulated by the FSA.
Licensed Credit Brokers. Consumer Credit Licence Number: 349999.
Shire Processing Centre Limited is registered under the provisions of the Data Protection Act by the Information Commissioners Office: Registration No: Z6795249. Registered in England & Wales. Company number: 2732202. Telephone calls may be recorded for training, monitoring and security purposes. All applicants must be aged 18-years or over.