Contractor Mortgage Calculator

Contractor Mortgage Calculator - Results

The figures below are for a mortgage of £250,000 over 25 years with interest rate of 2% .

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Your current monthly net income is £2,539
A repayment mortgage is £1,067 per month, leaving £1,471 after payments
An interest only mortgage is £416 per month, leaving £2,122 after payments
After taking out the mortgage a 1% rate rise would increase payments by £208.

Contractor Mortgage Calculator

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Mortgage Requirements:

Estimated property value

Mortgage deposit

Mortgage term

Mortgage interest rate

Contract details:

Rate

Rate type

Hourly

Daily

IR35 status

Outside IR35

Inside IR35

Use the Contractor Mortgage Assessor Calculator to calculate the maximum mortgage you can get.

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Through our chosen partners we have been providing specialist advice for contractors since 2004.

Your full name

Your email address

Your phone number

Property price (£)

Mortgage size needed (£)

Type of Loan

Contract Rate (£)

per

Time contracting (years)?

Do you have an adverse credit history? (e.g. CCJ)

Yes

Any additional income?

Your situation

Any other mortgage or accounting needs?

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