Mortgage Affordability Calculator

By |2020-11-29T12:28:03+00:00November 10th, 2019|Mortgage Calculators|

Mortgage Affordability Calculator Tips on calculating your gross income. Gross Annual Income can include the following: Salary Commission Bonus Some employment allowances Certain government benefits Child maintenance Self-employed income Salary and Dividends for company Directors. So you take income from the above and add together. If you are a couple then add all elements of both incomes. Commission and Bonus. For commission and bonus, a large majority of mortgage lenders will use the average of the last 3 months. So the calculate add up the total of commission/bonus for the last 3 [...]