Rental income required calculator

Property or loan details

Is the client applying as a limited company?

Purchase

At completion, will the client have more than 10 mortgaged BTL properties?

Purchase

Mortgage type

Purchase

Error: Please specify a mortgage type.

What’s the application type?

Purchase

What’s the Interest Cover Ratio (ICR)?

BTL High rate tax 160%

What’s the property’s estimated purchase price or valuation?

Error: Property must be valued at £50,000 or more.

What loan is required, including any product fee?

Error: For HMO products, the loan amount must not be higher than £750,000.

Error: The loan amount must be between £25,000 and £1,500,000.

Error: Loan required cannot be greater than the purchase price or valuation.

Calculate

All amounts shown include the product fee (if there is one).

Results are dependent on product selection.

Tip:

To reflect the different taxable income levels of applicants, we have a range of ICRs that are applicable dependant on the customer and/or application. To ensure the correct ICR is applied, please read our ICR criteria.