As well as working out how much you can
borrow we will tell you how much your monthly repayments will be - and
help you decide what you can afford.
You'll need a good idea of how much you currently spend each month as
well as what you earn.
Removals... curtains... light fittings... there are all sorts of incidental
costs when you move. So, with certain fixed rate and discount options,
you can get a useful cash sum, to spend as you wish.
How much can I afford to pay each month?
It's important to be realistic about what you can afford. Filling in the
checklist below will help you see if you can afford your new mortgage.
Monthly Income:
Net monthly salary-First
Applicant
Net monthly salary-Second
Applicant
Overtime, bonus etc.
Other Income
Total monthly income
Monthly Expenses:
Food and drink
Clothing
Household items
Entertainment
Telephone
Car and travel expenses
TV licence and rental
Credit cards
Standing orders and direct
debits
Other loan repayments
Regular savings
Life Insurance
Monthly
home-related expenses:
Household maintenance
Insurance
Electricity
Gas
Other fuel
Water rates
Council Tax
Total monthly expenses
Available income each
month
(Total monthly income less
total monthly expenses)
To keep your personal copy of this financial planner select file print
in your browser (if you have a printer connected to your PC). Otherwise
select file save, to store a copy on your computer.