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djhworld

Can I Afford To Buy - Mortgage Affordability Calculator

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Hi there,

I made this website to help people (especially first time buyers) determine whether a mortgage is affordable or not considering their current level of income.

This shouldn't be treated as financial advice, but I thought it would be handy for people who're a bit unsure of the costs and how it would affect them

You can visit the website here http://caniaffordtobuy.co.uk/

If you have any problems or suggestions for improvements, you are more than welcome to contact me.

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Hi there,

I made this website to help people (especially first time buyers) determine whether a mortgage is affordable or not considering their current level of income.

This shouldn't be treated as financial advice, but I thought it would be handy for people who're a bit unsure of the costs and how it would affect them

You can visit the website here http://caniaffordtobuy.co.uk/

If you have any problems or suggestions for improvements, you are more than welcome to contact me.

I've also created a website....http://thinkingofbuyingyoumustbemental.com

I thought these sort of advert posts weren't allowed ?

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I just thought it would be helpful for people in this forum.

I don't make any money off the site (there are ads but they return a pittance) so I don't think it constitutes as advertising a product.

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Not so bad, but I am not sure about the affordability as a percentage of income.

Lets say you have a huge net income on £10k per month and are paying £5k per month on your mortgage, £5k per month doesn't really put you in the danger zone.

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Nice site, clear and easy to use. It would be useful to see how the affordability etc differed if you overpaid the mortgage by say 10% each year. But nice. Tweet it, get yourself some views.

I suppose it had to happen at some point - a spammer with something worth seeing :)

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Affordable 36% or below

Acceptable 40% or below

Expensive 52% or below

Dangerous greater than 52%

Says who? Don't they have a maximum of 30% in other places e.g. France?

If people follow those rules we might see lots of items on the news about families struggling and a cost of living crisis..... oh wait.... we do....

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