Covid-19 update - We’re closely monitoring developments and making changes as appropriate to help you, our customers and our colleagues. More information

First Start affordability calculator

Could your customers borrow more with First Start? 

MORE borrowing power

Increase your customers' borrowing power with First Start.

Find out MORE

Get an instant estimate of what your customer could borrow with a First Start mortgage, based on their income and financial commitments. 

If you want to check your customer's affordability on any other mortgage, you'll need to use our standard affordability calculator.

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

A sponsor is a close relative normally a parent or step parent of any applicant, who is added as a co-borrower. The minimum income required for a sponsor is £30,000.

The minimum income for an applicant is £20,000.

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

*Required

Mortgage requirements

Mortgage term

Sponsor details

Sponsor information

 

Sponsor finances

Sponsor mortgage

Applicant details

When calculating the amount that we can lend we will only take into account the annual income for the highest earning borrower, in addition to the sponsor.

Applicant information



Applicant finances

Reference number

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. If the case has a lower debt to income ratio, it may still be sent for individual underwriter assessment. We exclude student debt from this calculation.

This calculator provides an indication only. It is not a legally binding mortgage offer and places the Bank of Ireland UK at no obligation to provide your customer with a mortgage.

Get an instant estimate of what your customer could borrow with a First Start mortgage, based on their income and financial commitments. 

If you want to check your customer's affordability on any other mortgage, you'll need to use our standard affordability calculator.

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

A sponsor is a close relative normally a parent or step parent of any applicant, who is added as a co-borrower. The minimum income required for a sponsor is £30,000.

The minimum income for an applicant is £20,000.

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

MORE borrowing power

Increase your customers' borrowing power with First Start.

Find out MORE

Our award winning system

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

Register
Document upload
Securely upload multiple documents per application
Case messaging
2-way communication with your underwriter
Case tracking
Follow the progress of your customer's application

Change to your customers’ mortgage payment

Close

Following the Bank of England Base Rate (BBR) change announced on 11th March, if your customers have a mortgage with us that’s on our Standard Variable Rate or is linked to the BBR, their monthly payment will change from 1st of April 2020. They should have received a letter from us by now telling them how much their new monthly payment will be. We’ll write to them by 9th April if the BBR cut announced on 18th March also affects them.