How much can you borrow with your current income? Use this handy calculator to work out how much you can borrow based upon your financial circumstances.
Calculator powered by Artog
When you’re getting a mortgage, it’s important not to over-extend yourself. Sure, access to easy money now may seem fine, but what happens if interest rates rise? You need to take into account many factors when you are getting a mortgage. You could lose your job, you could incur unexpected bills. When considering your borrowing power you should always allow a significant amount of “breathing space”. Don’t get carried away and take out a mortgage that you might not be able to afford to pay back should your circumstances change.
This calculator is intended as a guide only, for proper financial advice, please consult a licensed financial advisor.
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