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A leading UK website for contractors and freelancers | Updated:Sat, 06 Sep 2008, 13:42 GMT

Contractor Mortgage Assessor Calculator - Results

  • You could get a mortgage of up to £165,000
  • Your current monthly net income is £2,614
  • A repayment mortgage is £1,025* per month, leaving £1,588 after payments
  • An interest only mortgage is £756* per month, leaving £1,857 after payments
  • After taking out the mortgage a 1% rate rise would increase payments by £137*.

[*Based on a 25 year mortgage, at 5.5%]

Please use the Contractor Mortgage Calculator for other amounts, periods and rates.

Mortgage Quotation Request [Advertisement]

For a free quotation from ContractorFinancials please complete the form below. You will then be contacted shortly with advice on the most appropriate mortgage products available for you. ContractorFinancials are independant to ContractorCalculator and are specialists in providing IT contractors with financial products, including Pensions, Life Cover, PHI and ISA advice.

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Mortgage Advice is provided by ContractorFinancials who are authorised and regulated by the Financial Services Authority. Your home is at risk if you do not keep up repayments on a mortgage or any other loans secured on it. They will respect your privacy and adhere to the Data Protection rules as outlined their Private Client Agreement.

 

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