- Base rate cut by 1.5%
- WHOLESALE RATES ROCKET AFTER MARKET UNCERTAINTY
- mortgageforceâ„¢ collects another award for "Best Large Mortgage Firm 2008"
- Another Base Rate Cut - but is it enough?
- Jimmy Carr presents mortgageforce with it's latest award
How much can I borrow - Budget calculator
Affording the payments
A priority in considering the amount you borrow is ensuring that you can sensibly afford the monthly mortgage payments. We will work out the maximum you can borrow based on your income and will also ask about your other financial commitments.
Use this list to work out how much your total monthly outgoings are likely to be and how much you would have left before making any mortgage payments:
Item Monthly Costs
| Investments | £ |
| Life policies/Health Cover | £ |
| Personal Pension | £ |
| Loans/Hire Purchase | £ |
| Gas/Electricity | £ |
| Water | £ |
| Council Tax | £ |
| Food/Groceries | £ |
| Clothes | £ |
| Telephone | £ |
| TV/Video | £ |
| Car running costs | £ |
| Travel to work | £ |
| School/Nursery fees | £ |
| Entertainment | £ |
| Clubs/Hobbies | £ |
| Holidays | £ |
| Other | £ |
| Total (A) | £ |
| Your monthly Income (B) | £ |
| Balance (B-A) | £ |
As part of our service to you, we will be able to assess how much you can afford to pay and will only advise a mortgage that you can afford.
