How much can you borrow based on income
Depending on your credit history credit rating and any current outstanding debts. Most home loans require a down payment of at least 3. Student Loan Infographic Infographic Infographics Student Studentloans Loanpayments Student Loan Infographic Student Loans Paying Student Loans How many times my salary can I borrow for a mortgage. . You may have to pay an early repayment charge to your existing lender if you remortgage. Your home may be repossessed if you do not keep up repayments on your mortgage. You may qualify for a loan amount ranging from 261881 conservative to 328942 aggressive Show details. Based on your current income details you will be able to borrow between. If you plan on applying for a joint mortgage well also need the income of the other person youre buying with. This article explains how. Our borrowing power calculator gives you an initial estimate of what a lender may be willing to lend yo...