It’s easy to get carried away, especially when you see a property that ticks all of your boxes, but it’s very important that you’re realistic about what you can afford, not just now, but in the long term. Your heart might be saying yes, but your head needs to say yes too.
If you’ve already found a property you want to buy, you’ll want to work out how much you’ll need to borrow to purchase it, and how much you’ll be required to pay in fees and charges. Once you have this figure, you can use our mortgage calculator to find out how much you’ll have to pay each month (depending on the mortgage deal you choose).
Even if you haven’t found a property yet, you can still use the mortgage calculator to help you determine what price range you should be looking at.