This calculator gives you a guide to how much rent you’ll need to get, based on the deposit you have and the buy to let mortgage you need. You’ll then be able to check whether this amount is attainable on the property you’re looking at.
What is the purchase price of your property?
The purchase price is
What is the amount of your deposit / equity ? (Minimum 15%)
The amount of your deposit is
The Rental Income Required
is at least
Loan to Value (LTV):
These are for illustrative purposes onlyAll you need to do is put the purchase price of the property into the top bar, either by typing the figure in the box to your right or by using the slider.
Once you have completed the first step, simply enter the amount of deposit you have to put down. And you’re done!
The final figure shows the minimum amount of rent you’ll need to cover the mortgage payments. You can vary both the purchase price and the size of your deposit to see how different figures affect the rent required.
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