How much of mortgage can i afford

how much of mortgage can i afford

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How Much House Can You Actually Afford? (By Salary)
To determine how much you can afford for your monthly mortgage payment, just multiply your annual salary by and divide the total by This will give. Use our calculator for an estimate of how much you could borrow, based on your income. Your home may be repossessed if you do not keep up repayments on your. Typically, lenders cap the maximum amount you can borrow at four and a half times your annual income. But most people are offered less, so keep this in mind.
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