Our handy self employed mortgage calculator calculates what your monthly mortgage repayment might be by taking the amount you want to borrow and the total interest you might pay and dividing it by the number of months you’ll repay it in. These results are computer-generated and show a fixed rate. You can change the interest rate to check different types of mortgages.

Yes, being your own boss won’t stop you from getting a mortgage but you might find that the application process is a little different. Because your earnings are slightly more complicated to assess than a salary, you might be asked for more evidence to prove your affordability. The Mortgage Hut specialist brokers have a proven track record of helping buyers secure self employed mortgages.

In order to successfully assess your affordability, most lenders will require that you have been self-employed for a minimum of two years.

Just like with any mortgage, how much you can borrow will depend on a number of factors such as your income, your outgoings, your credit history, and the property you want to buy.

Just like with any mortgage, provided you meet all the eligibility requirements set by the lender, you should be able to get a good mortgage deal with a deposit as low as 5% or 10%.