Mortgages - mortgage payments calculator - Howards Financial Services - Great Yarmouth Norfolk UK

The most important aspect of any mortgage is - can you comfortably afford to make the monthly payments? Affordability is important for your own piece of mind, and obviously any lender will consider your ability to pay as a primary aspect when evaluating your aplication.

Our Mortgage Master Payment Calculator consists of 4 separate sections, each of which may be used independently of one other, and allows you to easily work out:

Your monthly income
Your monthly outgoings
The cost of your proposed mortgage
Your income / mortgage payment ratio

Mortgage Payment Calculator

(1) Monthly Income	£
Take-Home Pay (main income earner)
Take-Home Pay (partner's income)
DSS Allowances
Maintenance Income
Disability Allowance
Additional Income from Family Members
Child Benefit
Investment Income
Any Other Income
TOTAL INCOME

(2) Monthly Expenditure	£
Council Tax
Life Policies Linked to Mortgage
Other Insurance / Pensions
General HP / Loans
Car Loan / Finance
Electricity
Water Rates
Gas
Telephone
Travelling Expenses
Car Insurance
Car Fuel
Entertainment / Going Out
TV + Video Rental / License
School Fees
Other General Household Expenses
TOTAL EXPENDITURE

SURPLUS AMOUNT:

(3) Mortgage Payments
Mortgage Amount:
Mortgage Type:
Interest Rate:	%
Repayment Period:

MONTHLY REPAYMENT:
This useful Mortgage Payments calculator is intended as a guide only. The calculations are accurate in typical circumstances but rely upon your own input, which may or not represent a realistic appraisal of your individual circumstances. Life insurance protection or a suitable endownment policy may be required as part of your mortgage package, which may increase the actual amount payable

(4) Affordability Ratio

Your Monthly Income:
Your Existing Monthly Expenditure:
Your Proposed New Mortgage Payments:
Your Nett Disposable Income:
Income/Mortgage Ratio %:
The information calculated here relies entirely upon the results computed from your own input in the preceeding sections, and as such is intended only as a general guide to affordability of your proposed mortgage.

Having established basic affordability in respect of the amount you wish to borrow, your next action should be to complete our general mortgage application form - we will then be able to provide further information on a range of mortgage products to enable you to choose a mortgage.

Written quotations available on request

"Howards Financial Services Limited" is an Appointed Representative of Personal Touch Financial Services Limited which is authorised and regulated by the Financial Services Authority.
Howards Financial Services Limited is a wholly owned subsidiary of Howards Group Limited.

We do not normally charge a fee for mortgage advice, however a fee paying option is available.
Our typical fee is 1.5% of the loan amount.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Howards Financial Services East Anglia UK T: 0800 0523962

Mortgage Payments Calculator