Affordability Calculator

Affordability calculator

Please note that this calculator is for guidance purposes and the amount quoted is subject to underwriting and credit score. In order to get the most accurate decision, please complete all applicable fields.

Client ref:
Name:

Is this part of a Government affordable housing scheme?

NoYes

Loan amount	Term years	Term months


Total years:
Total months:

Number of applicants:	12
Number of adult dependents: ?
Number of child dependents: ?

In order to calculate, the applicant's income must be stated.

Job 1 Details	Applicant 1	Applicant 2	Weighting Applicant 1	Weighting Applicant 2
Employment Status:
Employment and Fixed Term Contract Details
Gross Annual basic salary:
Annual regular / guaranteed overtime: ?
Frequency overtime paid:
Annual regular / guaranteed commission: ?
Frequency commission paid:
Annual regular / guaranteed bonus: ?
Frequency bonus paid:
Permanent annual shift allowance:
Annual large town / car allowance:
Self-Employment Details
Latest Return:
Previous Return:

Add job 2

YesNo

Job 2 Details	Applicant 1	Applicant 2	Weighting Applicant 1	Weighting Applicant 2
Employment Status:
Employment and Fixed Term Contract Details
Gross Annual basic salary:
Annual regular / guaranteed overtime: ?
Frequency overtime paid:
Annual regular / guaranteed commission: ?
Frequency commission paid:
Annual regular / guaranteed bonus: ?
Frequency bonus paid:
Permanent annual shift allowance:
Annual large town / car allowance:
Self-Employment Details
Latest Return:
Previous Return:

Add other income

YesNo

Other Income	Applicant 1	Applicant 2	Weighting Applicant 1	Weighting Applicant 2
Private Pension:
State Pension:
Working Tax Credit:
Child Maintenance:
Unencumbered Rental Income:
Child Benefit:
Other DWP Benefits:
Investment Income:
Bursary / Stipend:

Tax code:

Total Annual Income(multiple)		0
Total Annual Income(aff)		0
Monthly net income1		0

Monthly Amount
Gross salary deductions (month) ?
Net salary deductions (month) ?

Child Maintenance:
Nursery/School/College/University fees:
Nanny/Child Minder/Au pair:
Private Care Home:

Ground Rent / Service Charge ( Annual Amount )
	Actual input	MET data
Insurance(s) and Pension(s) relevant to this application (Building & Contents or Life Policies):
Council tax:
Food and non-alcoholic drink:
Travel/transport:
Housing, fuel, power and communication:
Other expenditure (Clothing/Footwear or Health):

Government affordable housing schemes
Shared Equity Loan Amount ?
Shared Ownership Rent Amount ?

Monthly payment
	Delete

Total mortgage commitments:

Credit card balances
	Delete

Total credit / store cards:

Monthly payment
	Delete

Loan / hire purchase total:

MET	0
Total Expenditure	0
Surplus Income	0
Affordability Max	0
Income Multiple Max	0

ONS	0
Total Expenditure	0
Surplus Income	0
Affordability Max	0
Income Multiple Max	0

WBBS max loan amount (Including Shared Ownership Loans) 0

WBBS max loan amount (Where the LTV exceeds 85% of the property value) 0

This website is for intermediaries use only

Affordability calculator

Client details.

1. Loan requirements

2. Household composition

3. Income

4. Expenditure

Mortgage commitments ?

Store / credit card balances

Loan and hire purchase

Stress Rate