Overview
What is a Mortgage Affordability Check?
Mortgage affordability checks are carried out by lenders as part of a mortgage application. They check to see if you will be able to afford your monthly mortgage repayments based on your current income. They will look to see if you can comfortably afford to make the repayments as well as other predicted outgoings.
Full Guides on Mortgage Affordability
Getting the right mortgage with repayments that you can afford is important. So it’s essential that you know what you can afford to buy before looking at the property market.
We have extensive guides on mortgage affordability so you can make the right decisions. If you need some extra help, our expert mortgage advisors can guide you along the way.
Loan Corp provides all the information and guidance you need at the click of a button. Use our mortgage affordability calculator to receive a super quick estimate of how much you would be eligible to borrow.
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