Affordability Calculator

General - Calculator

Affordability Calculator

Find out how much your clients could borrow

The results given by the calculator are indicative only and will be subject to a full application and credit check

  • The exact amount your customer(s) can borrow will depend upon the loan to value, the results of a credit reference check and whether your customer(s) has regular monthly commitments such as maintenance, credit card payments and personal loan repayments
  • These details are provided for information only and do not, in any way, bind Foundation Home Loans to offer a mortgage for your customer.
  • Applications are subject to standard lending criteria and all loans are subject to status.
  • You agree to use the Affordability Calculator solely for the purpose of determining whether to proceed with an application and not to use it in connection with any other transaction. In the event that you determine not to proceed with an application you agree promptly to destroy the result and all copies thereof and confirm the same in writing to FHL upon request.
  • You agree and acknowledge that in using the Affordability Calculator, you are acting on your own account and you will make your own independent decisions as regards the reliability, accuracy and completeness of the Affordability Calculator, the assumptions and methodology incorporated within the model and its estimates.
  • You agree to key the UK Land and Property income (where applicable) less finance costs. Failure to do so could result in reduced affordability.