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Mortgage Calculator
It’s always important to know how much you can
borrow, and although most lenders have standard multiples, they
may be
flexible depending on your situation and individual circumstances.
Use this calculator to get a feel for how much you may be able
to borrow, this will give you a good idea of the amounts
you may qualify for.
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Borrowing Amount Calculator |
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These figures do not include the cost of
insurance or an investment based mortgage repayment vehicle
which may be required in respect of an Interest Only Mortgage. |
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When setting up a new mortgage or remortgage it is tempting to
consider only what you would be paying per month at the current
rates of interest. If interest rates rise your payments will go
up and over the full term of the mortgage you could end up paying
a great deal more than you expected.
It is also worth bearing in mind that some fixed rate interest
deals look more expensive now, but they may turn out to be cheaper
in the long run if interest rates rise above the fixed rate.
These calculators give you the chance to work out what the effect
of various interest rates will be on your payments
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