How much can you borrow?
Please see our table below for an indication of how much you can borrow with an ING Direct mortgage
Single or Joint Applicant
4.5 x (gross annual income less annualised credit commitments)
The exact amount you can borrow will depend on our standard lending criteria, assessment of affordability and a credit reference check.
For an idea of how much you can borrow view our mortgage calculators
We accept the following as annual income:
100% of:
- Basic salary before tax
- Car, housing, regional, shift and disability allowances
- Pension income
- Trust income
- Tax credits
50% of the following can be included if paid monthly:
- Overtime
- Bonuses (annual bonus cannot be included if paid annually)
- Commission
We will deduct any financial commitments you have including:
- All loans, including personal, secured, car and student loans
- Credit, charge or store cards
- Mail order or budget accounts
- Other mortgages
- Hire Purchase agreements
- Outstanding overdraft amount
- Child maintenance
If you have any questions about how much you can borrow, please call us on 0800 032 8822.