Mortgage Affordability Stress Test

Check whether your mortgage passes the Bank of England affordability stress test at your contract rate plus 3%.

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The Bank of England affordability stress test requires lenders to assess repayments at the contract rate + 3% (or 6% minimum). Most high-street lenders also apply a gross income multiple cap of 4-4.5x. This calculator is illustrative; actual lender assessments include credit commitments, overtime, bonuses, and other income tests. Speak to a whole-of-market mortgage broker.