You can use this Joint mortgage with parents calculator to see what a joint mortgage with your parents could cost you.

How much you can borrow on a joint mortgage with your parents?

You can use the joint mortgage calculator below to see the maximum amount you could borrow.

 
Who is this mortgage for?
Just me
Two of us
 
First Applicant

 
How much do you earn before tax?
£
per year
 
Do you have any other sources of income?
£
per year
 
How much total debt do you have?
£
 
Second Applicant

 
How much do you earn before tax?
£
per year
 
Do you have any other sources of income?
£
per year
 
How much total debt do you have?
£
 
Calculate

 

What the repayments on a joint mortgage could look like?

When taking out a joint mortgage with your parent’s you may choose to split the monthly mortgage repayments equally or you may be fully responsible for the monthly mortgage repayments and your parents simply act as a stepping stone by providing you with a mortgage deposit.

This Joint mortgage with parents calculator assumes that you will make the monthly mortgage repayments by yourself and your parents will simply help you by providing you with a mortgage deposit.

In this case, you should simply add up your mortgage deposit and input one mortgage deposit figure in our mortgage repayment calculator.

John Bate

John has 22 years of experience in financial services. This spans across financial research, financial services (As a qualified mortgage broker and underwriter), financial trading and sales at global investment banks. While working as a publishing research analyst, he covered European bank credit and advised institutional clients on investment strategies at both JP Morgan and Societe Generale. John has passed all three levels of the CFA (Chartered Financial Analyst) programme.