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Affordability calculator

How much could your customers borrow? 

Need help with the calculator?

See the calculator help page for more information.

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Get an instant estimate of what your customer could borrow based on their income and financial commitments. 

During the application process we’ll ask for a more detailed breakdown of their income and outgoings, which also may change the amount we could lend. 

This calculator is for new business only. For further advance calculations, please call our enquiry line on 0345 266 8928*.

When using the calculator for contractors please enter 80% of the annualised gross contracting income, in line with our lending criteria.

When using the calculator for Help to Buy: Equity Loan, you'll need to calculate the repayment by entering 3% of the Equity Loan divided by 12 into the monthly outgoings.

Need help completing the calculator? Read our Affordability calculator help page.

 

 

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Applicant information

Mortgage terms

Applicant finances

Reference number

Your customer’s affordability is below the minimum loan of

£

Your customer could borrow up to:

£10,000

This amount includes the product fees if you plan to add them to the loan.

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The minimum household income for a residential mortgage is £20,000. Please refer to loan size and LTV limits.

We will not normally lend to applicants who currently have unsecured debt which exceeds half their gross annual assessable income, even if it will be repaid in whole, or part, before completion. We'll exclude student debt from our assessment.

 

This calculator provides an indication only. It is not a legally binding mortgage offer and places Bank of Ireland UK at no obligation to provide your customer with a mortgage. All applications must meet our lending criteria and are subject to assessment. The amount your customer could borrow may be less than displayed following this assessment.

Get an instant estimate of what your customer could borrow based on their income and financial commitments. 

During the application process we’ll ask for a more detailed breakdown of their income and outgoings, which also may change the amount we could lend. 

This calculator is for new business only. For further advance calculations, please call our enquiry line on 0345 266 8928*.

When using the calculator for contractors please enter 80% of the annualised gross contracting income, in line with our lending criteria.

When using the calculator for Help to Buy: Equity Loan, you'll need to calculate the repayment by entering 3% of the Equity Loan divided by 12 into the monthly outgoings.

Need help completing the calculator? Read our Affordability calculator help page.

 

 

Need help with the calculator?

See the calculator help page for more information.

Find out more

Our award winning system

Our online mortgage application system is simple to use and easy to understand.

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Follow the progress of your customer's application

Changes to our criteria

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We’ve made some temporary changes to our criteria, so we can continue to lend responsibly. Please see our Covid-19 page for more details.