Tipton Intermediaries: Your Affordability Calculator

How much can your clients afford?

1 /5.Some details about your clients

Borrower type *

Ok, how many applicants will be on the mortgage? *

How many people will be living in the property?

Number of adults aged 18 or over *

Number of children aged 9 or under *

Number of children aged 10 to 17 *

2 /5.Your clients gross annual income

If your client is in receipt of pension income, please include this in the basic salary figure.

Applicant One (highest earner)

Basic salary *

Guaranteed bonus or overtime

Regular bonus or overtime

Applicant Two

Basic salary

Guaranteed bonus or overtime

Regular bonus or overtime

3 /5.Your clients net monthly income

If your client's monthly income is made up entirely from pension income, please enter the value in the net monthly salary box.

Total monthly income based on both applicants

Net monthly salary (Applicant 1) *

Net monthly salary (Applicant 2)

Any additional monthly income?Any additional monthly income?

Child Benefit

Working Tax Credits

Child Tax Credits

Pension

Child maintenance

Total:

4 /5.Your clients monthly expenditure

Please confirm your clients monthly outgoings* Please confirm your clients combined monthly outgoings*

Total credit card and mail order balances

Total credit card and mail order payment

Personal loan repayments

Hire purchase payments

Car finance payments

Student loan payments included in net income

Student loan payments not included in net income

Childcare costs

Other mortgage payments

Maintenance or Court Order payments

Ground rent or service charge

Housing Association rental payments

Other financial commitments

Total monthly expenditure:

5 /5.Your clients mortgage requirements

Where is the purchase property located? *

Mortgage term (years) *

Purchase price or estimated value *

Mortgage amount *

The loan to value is:

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Parameters Other single: Other joint: Within single: Within joint: Midlands single: Midlands joint: Total Applicants: Household Costs (HC1): Interest Rate: SVR Additional % Stressed Rate: Years: Months: Term: Age Under 10: Income: Age 10-18: Income: Total for Dependents: Each Child under 10: Each Child 10-18: Basic Essential Expenditure: Total Disposable Income: Monthly Rate: Monthly Term: Monthly Payment: Max Amount not rounded: MaximumAmountToBorrow:

Your home may be repossessed if you do not keep up repayments on your mortgage.

Affordability calculator