What could we borrow mortgage

The amount you can borrow for your mortgage depends on a number of factors these include. Your salary bill payments any additional outgoing payments including examples such as student loans or credit card bills.

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These factors are taken into consideration when a mortgage lender calculates how much they could ideally lend you for a mortgage.

. This is a handy step to take before you contact your mortgage broker so that you can see the effect different interest rates and loan periods will have on the amount of money you can borrow the total interest you pay and your estimated monthly loan payments.

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