Mortgage Bureau (UK) Reading Online

 

Home | Fees | Application Forms | Other Forms | Lender Websites | Exclusive Products | AIPs | Register | Contacts | Buy To Let Calculators

 

Mortgage Bureau (UK) Map Logo

Declaration

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

     Links

     Legal Notice

     Regulation Statement

     Complaints Procedure

     Legal Referral Scheme

 

 

To use this Web page interactively, you must have Microsoft® Internet Explorer 5.01 Service Pack 2 (SP2) or later and the Microsoft Office 2003 Web Components.

Click here to install the Office 2003 Web Components.

See the Microsoft Office Web site for more information.

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