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Property Upsize Calculator

Objective

If you’re considering a bigger home for your expanding family or looking to move to an area with better schools, you might be thinking about upsizing. Our calculator is designed to help you understand how much you can afford for your next home. It takes into account the equity in your current property, your savings, and your family’s combined income. With this tool, you’ll get an idea of the maximum property price you can aim for and see how it might affect your monthly mortgage payments. We’re here to make the process clear and simple for you.

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Thanks you for using our property upsizing calculator

1. Tell us About your existing property & Savings

Current property value

Please let us know the current market value of your property you want to sell

£

Additional Savings

Do you have any additional savings to contribute towards this purchase? This might reduce your new mortgage requirements and save on monthly repayments

£

2. Tell us about your existing Mortgage

Outstanding mortgage amount

What's your current mortgage outstandings

£

Mortgage Tennuare

How many years are left in existing mortgage

Y

Rate of Interest

What's the rate of interest you are paying for your current mortgage

%

3. About your affordability

Household income

What's you annual joint house household income?

£

4. Cost of Selling your house

Estate Agent Fees

What % of commission you will pay to estate agents?

%
£

Mortgage Early Repayment

Your mortgage contract may have early repayment fees. You will have to pay this at the time of selling. Check in your mortgage terms and conditions

%
£

Solicitor Fees

Add the fees you are going to pay to Solicitors

£

Surveys

You will have to do survey for your property. Add the cost of such surveys and searches

£

Cost of Moving

Add cost for moving home. This is the cost of movers and packers

£
Total Cost of Selling house: £

5. Cost of Buying your house

Solicitor

Add the fees you are going to pay to Solicitors

£

Surveys

You will have to do survey for your property. Add the cost of such surveys and searches

£

6. New Mortgage Details

New tenure in years

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Y

Rate of Interest for new mortgage

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%
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Your Property Upsizing Result

Your affordability
Your maximum property price for upsizing
£
Based on the information provided, the maximum price to which you can upsize to is£
Equity in your current property£
Additional Savings£
Less: expenses
Cost of selling house
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£
Estate Agent Fees£
Mortgage Early Repayment£
Solicitor Fees£
Surveys£
Cost of Moving£
Cost for new property
When you buy a new property, there will be additional costs you should consider. We have added some standard values, you can change then as per your circumstances
£
Stamp Duty£
Solicitor£
Surveys£
Changes in your monthly Mortgage
Based on the information provided, there will be changes in your monthly mortgage repayments
New Mortgage Details
New tenure in years
Rate of Interest for new mortgage%
Total household income£
Maximum Mortgage you can get based on your joint household income£
LTV you can achieve%
Current mortgage repayment£
New mortgage repayment£
Additional increase in monthly mortgage repayment£

Disclaimer

  1. Please remember, this calculator is not financial advice but a helpful tool to guide you. We encourage you to conduct your own research to determine what you can afford.
  2. The mortgage repayment figures provided here are only estimates. Your actual payments may vary based on the type of mortgage, your lender, and your unique circumstances. For tailored advice, it’s a good idea to consult with a qualified mortgage broker.
  3. We do not offer any guarantees, either expressed or implied, with the use of this tool.