Affordability Calculator
Estimate whether monthly interest payments may fit your budget. For regulated bridging loans (owner-occupied properties).
For illustration only. This is not financial advice. A lender will conduct a full assessment.
Loan Details
£
Monthly Income (Net)
£
£
£
Monthly Outgoings
£
£
Car finance, loans, credit cards (min payments)
£
Bills, food, transport, childcare, etc.
Indicative Result
Based on your inputs, this calculator suggests your figures may meet typical thresholds.
This is for illustration only and not financial advice. A lender will conduct a proper assessment.
Summary
Monthly Interest Payment
£1,650
Total Monthly Income
£4,500
Total Outgoings (excl. bridge)
£3,000
Disposable Income
£1,500
Surplus After Bridge Payment
-£150
Debt-to-Income Ratio
Your DTI
45%
0%
Good (<40%)
Stretched (40-50%)
High (>50%)
Tips to Improve Affordability
- • Reduce the loan amount if possible
- • Add a co-borrower to increase household income
- • Pay off credit cards before applying
- • Consider retained interest (no monthly payments)
- • Some lenders have more flexible affordability criteria
When is Affordability Assessment Required?
! Regulated Bridging (Required)
- • Property will be your main residence
- • Second home for personal use
- • Property occupied by close family member
- • Serviced interest (monthly payments)
✓ Unregulated Bridging (Not Required)
- • Buy-to-let investment property
- • Commercial property
- • Development projects
- • Retained interest (no monthly payments)