Affordability Calculator

Affordability Calculator

Helping you to work out what you can afford to buy

Not sure what you can afford to buy with Shared Ownership? We'll help you work out the costs with our handy affordability calculator tool. 

Share percentage

%

Deposit amount

Tooltip Deposit amount

Min Max

Term

Tooltip Mortgage term

years

Interest rate

Tooltip Interest rate for mortgage

%
1% 10%
Results
Tooltip Monthly costs for your home
£XXXX.XXper month
£XXXXmortgage Based on the interest rate ofXX% Payable overxx years £XXXXrent

The Bromford affordability calculator is indicative and should be used for guidance only. The figures and estimates shown in this calculator should not be relied on as confirmation of affordability and should only be used as an indicative guide to monthly costs. Due to the variation in lenders calculators and credit scoring a result showing a mortgage loan is affordable does not mean that you will necessarily be able to obtain a mortgage of the amount indicated as affordable. Other costs will apply such as service charge. Bromford Homes is not authorised or regulated by the Financial Conduct Authority to provide financial advice. You should always seek advice and recommendations from an independent financial advisor regarding mortgage products, affordability, interest rates, repayment methods and terms and conditions. You should also seek independent legal advice. Bromford are not financial advisors, and this tool is to be used for research purposes only. Speak to a specialist mortgage broker to discuss your finances. 

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