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Declaration |
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This Site
is Strictly for the use of professional mortgage intermediaries, and is
not intended for use by the general public, nor is any information or
content intended as a consumer advertisement. All content contained
within this site is intended for reference purposes only, intermediaries
using this site should always refer to their trading platforms for
correctness before presenting any facts to a member of the public |
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Instructions
The calculator displayed
above uses three pieces of information (from the user) which can be
entered in any combination in the middle column. The answer is then
displayed on the right column matching to the corresponding box that you
are trying to calculate.
The 'Lender Assessment
Rate' is for example 125% / 110% / 100%
Examples shown below:
| Example 1 |
Example 2 |
Example 3 |
Example 4 |
| Loan Amount: £62500 |
Loan Amount: £62500 |
Loan Amount: £62500 |
Interest Rate: 6% |
| Interest Rate: 6% |
Interest Rate: 6% |
Rental Income: 120% |
Rental Income: 120% |
| Rental Income: 120% |
Monthly Rental Cover:
£375 |
Monthly Rental Cover:
£375 |
Monthly Rental Cover:
£375 |
| Answer would be: |
Answer would be: |
Answer would be: |
Answer would be: |
| Monthly Rental Cover:
£375 |
Rental Income: 120% |
Interest Rate: 6% |
Loan Amount: £62500 |
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