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Stoorie | 15:02 Tue 22nd May 2007 | Personal Finance
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how much of a mortgage could I get on my salary
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Avatar Image chazza
There's no hard and fast rules, go to your bank or mortgage advisor, who can give you better advice
15:18 Tue 22nd May 2007
Avatar Image Sammy Snake
Would help if you said what your salary was.

It is usually in the region of 3.5 x salary but some lenders will lend you 5 x salary if they are confident that you can afford the repayments.

17:21 Tue 22nd May 2007
Avatar Image EverClean
Go see a mortgage adviser. There are some lenders that calculate your ability to repay a loan by income and expenditure, so standard income multiples are not applicable. You can get 7 or 8 times your income, although I wouldn't recommend it.
11:31 Mon 28th May 2007

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