For must of us, purchasing a home is the biggest investment we make in life and is likely to be our greatest monthly expenditure.
Therefore, it is crucial to get a full understanding of what your mortgage will look like. Evaluating this figure against other monthly expenditures will show how much you can afford.
We’ve made this easy for you with our Mortgage Repayment Calculator. Find out how much you could afford and what your repayments might look like across market sale, Help to Buy and Shared Ownership homes in just a few clicks.
At Catalyst New Homes we offer a number of different government-backed buying schemes to help people get on the property ladder more easily
Shared Ownership is a scheme whereby the purchaser can purchase a percentage of the home and pay rent on the remaining share. This allows for a more affordable mortgage. You can use our handy Mortgage Repayment Calculator to help calculate your monthly mortgage repayments and rent.
Help To Buy: Equity Loan is another scheme whereby the government can provide an interest-free loan of up to 20% to be contributed towards the property deposit. This loan is interest-free if it is paid back within 5 years. A purchase made using Help to Buy can also be calculated using our Mortgage Repayment Calculator.
Our Mortgage Repayment Calculator can be used here: https://catalyst.homes/helping-you-buy/mortgage-calculator/
More on affordability:
Take a look at some of our best-selling developments here.