Affordability calculator

You are now required to submit a completed affordability calculator with every residential mortgage application. A print out of the completed affordability calculator screen must be provided with every application.

The Bank of England rate is currently 5.00%. The SVR rate is currently 7.15%

Monthly Income	First applicant	Second applicant	Total
Income Gross per month
Main employment - Take Home Pay
Secondary Income - Take Home Pay
Other income
Net monthly income
Monthly Outgoings	First applicant	Second applicant	Total
Ongoing Credit Commitments
Personal Loans
Credit Cards (higher of payment or 3% of balance)
Ongoing Rent (shared ownership only)
Other
Other monthly payments
Ground rent and service charge (leasehold properties)
Council Tax
Lighting / Heating
Water
Insurance
Savings
Food
Clothing
Travel
Entertainment
Other
Total other monthly payments
Net monthly income available to pay the mortgage
The maximum amount we could consider lending you is

Signature:	Signature:
Name:	Name:
I/We confirm all information above is accurate and correct to the best of our knowledge. This is not a quotation under the Consumer Credit Act. Figures are subject to validation of income, credit checks and a property valuation.

Print this page