The Mortgage Calculator below will give you an indication of the monthly mortgage payments based on a certain interest rate so you should enable to see how much you can afford to borrow.
The ‘repayment’ answer is based on paying the interest and mortgage back by the term end. The ‘interest only’ response is just that, paying interest on the mortgage borrowed so at the end of the term you will need to pay back the capital borrowed.
The Stamp Duty calculator works on the basis this is a standard purchase and will be the only property you will own. It is expressed as an amount and also as a percentage.
Niche Advice is able to arrange mortgages up to 5 times joint income and more for the right customers for information please contact us.