The amount that you are able borrow will usually depend on two things - your annual disposable income and the amount that your chosen lender is prepared to lend in relation to that income. As a rule of thumb most lenders will currently lend a maximum of 3.5 times the first income plus one times the second income. As an alternative they will usually be prepared to add the two incomes together and multiply the combined figure by 2.5 times if this gives a higher figure than the first method.

Use the calculator below to work out how much you will be able to borrow. The calculator has been pre-set with the multiples shown above but allows you to alter the figures if you know a lender will use different mutliples.

Please read the warnings below before using any of the figures provided - warning

	Applicant 1	Applicant 2	Total P.A.
Total Gross Annual Salary What should I include?
Less monthly credit commitments
Net annual income for mortgage calculation purposes
Results:
x App 1. plus x App 2.
OR x the joint income
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WARNING - These figures are designed to give you an idea as to how much you can borrow. Whilst we try to make it as accurate as possible we can in no way guarantee the figures. All of the information obtained does not guarantee that the lender will give you a mortgage. It is always important that you discuss your individual circumstances with us prior to you making any committment.

YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

Written details on request. All loans subject to status.