First Homes Affordability Calculator

Our First home Mortgage calculator will help to give you an indication of how much we could lend your customer(s). Simply tell us their basic information to get a maximum loan amount or if you know their commitments and expenditure include that to get a more comprehensive result. Either way it's quick and simple to use.

For every calculation we’ll show you the maximum amount your customer(s) could borrow on both a 2 and 5 year product. Simply select the tier they fit - for more information about our tiers please view our First Homes product page.

If you have any questions, pick up the phone and give our sales team a call on 03333 701 101, Option 1, Monday to Friday between 9am and 5.00pm.

We'll use the details you enter on this screen to automatically calculate the loan size required, but please bear in mind this does not take into account any fees. If your client(s) are looking to raise capital or consolidate debts please increase the purchase price for purchases or the loan required value for a remortgage to reflect this. If they don't currently have a mortgage but already own the property and are looking to refinance, please select Remortgage. We allow capital raising for most legal purposes.

We have a maximum loan size of £500,000 for cases up to 95% LtPP and 70% LTV on our First Homes product range.

Select the tier your client(s) falls under. Our tiers are named after how long since their last CCJ or Default was registered. For example, if the last CCJ or Default was registered over 6 months ago but less than 12 months ago, they'd be suitable for our Pepper 6 tier.

You'll also need to consider mortgage, secured and unsecured arrears when selecting a product tier. So, if you're unsure which product to select, visit our First Homes Products page to find out more.

We'll use the rest of the information to pick the appropriate product details for the calculation.

We need the total income from your client(s) to be more than £18,000.

All income must be annualised.

For information on allowable income please review our Policy on Income document. Please note applications where income is made up primarily of benefits and maintenance are unacceptable.

*Please enter values to the nearest pound

**Please only input 50% of income identified as a bonus payment in this field

***Allowable income includes Child Benefit; Child Tax Credits; Working Tax Credits; Pension Credit; and Pension (War Disablement)

For Credit or Store Card and Overdrafts please provide the full outstanding balance. Otherwise, please provide the monthly commitment for each of these categories.

If your client(s) intends to clear these balances before completion you can leave these blank.

*Please enter values to the nearest pound

This is the last screen before we're able to tell you the final result.

Please provide a monthly figure for each of these categories.

*Please enter values to the nearest pound