Contractor Mortgage Repayment Calculator
If you're a contractor and looking to secure a mortgage, you may have heard that it’s a bit different compared to traditional employment. Our Contractor Mortgage Calculator simplifies the process by estimating the maximum amount you can borrow based on your daily or weekly income.
Let’s walk through how to use the calculator, what assumptions we’ve made, how calculations are done, and considerations to keep in mind as a contractor.
Estimate the maximum mortgage you can borrow as a contractor based on your daily or weekly income rate.
Repayment Mortgage
£0.00
£0.00
Interest Only Mortgage
£0.00
£0.00
Disclaimer
The results provided by this Contractor Mortgage Calculator are for informational purposes only and are based on the data you have entered and standard mortgage lending practices. They are intended to give you an estimate of your borrowing capacity and should not be considered as financial advice or a guarantee of loan approval.
Actual mortgage offers and lending decisions are subject to individual circumstances, lender policies, and additional factors such as your credit history, deposit amount, and employment status.
We recommend consulting with a qualified mortgage advisor or lender to get a personalised assessment and accurate advice tailored to your specific situation.
Use of this calculator is at your own discretion. While we strive to ensure the accuracy of the calculations, we cannot be held responsible for any errors or outcomes resulting from its use.
Request a Call Back from a Mortgage Specialist
If you’re unsure about how to proceed or need personalised assistance, our contractor mortgage specialists are here to help. Simply fill out the form below, and one of our experts will get in touch with you.