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Contractor Mortgage Calculator - Results

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

  • Your current monthly net income is £2,596
  • A repayment mortgage is £1,067 per month, leaving £1,529 after payments
  • An interest only mortgage is £417 per month, leaving £2,179 after payments
  • After taking out the mortgage a 1% rate rise would increase payments by £208.

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

Ready to buy or remortgage? Or need detailed advice on how much you can borrow?

Then speak to our contractor specialist mortgage consultants by completing the form below. You will then be contacted shortly to explore the most appropriate mortgage products available for you.

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

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