Islamic Bank of Britain plc.
Home Purchase Plan - Calculators

Buying a home or refinancing your existing home is a major decision. To help you with this decision, we have two calculators below that can give an indication as to your affordability, before you progress into a more detailed Agreement in Principle. An Agreement in Principle will give more specific information, and, should you choose, you might follow this with a full application for your own Home Purchase Plan.

How much will my payments be?

It is important to consider what level of payments you would be comfortable making each month. With this calculator you may choose from our products and your preferred term, and based on the amount of finance you require, we can estimate your monthly payments

Finance Calculator- How much will my payments be?


 
Finance amount £
 
Product Type
 


Finance period
years
 
 
 
 
Monthly payment £
 

How much can I afford?

Now that you know what your likely monthly payments for a set amount of finance might be, you should now consider how much you can comfortably afford each month. The calculator below will give you an indication, after you have input your total income (after tax) that you receive each month, and also your total monthly financial commitments. 'Financial commitments' means any other finance products you are paying for, so include loans, store or credit card monthly payments, plus any other payments.

Home Purchase Plan - How Much Can I Afford?


Enter the following information to calculate the payments we think you can afford.
 
First applicant net monthly income
£
 
Second income/Other applicants net monthly income
£
 
Any monthly financial commitments
£
 
   
 
 
 
Maximum estimated affordable payment
£
 

 

 

 

 

 

 

 

 

 

 

 

Apply Online

You can now enter our secure pages to see if we are able to offer you an Agreement in Principle. This is our way of taking a few further details from you and agreeing that, subject to our requirements being met, we can offer you a set amount of finance.

If you are happy with our agreement, you may then enter further details using our secure online application.

Click here to get an Agreement in Principle

Click here to login to our secure area and apply online or check the status of an application

  

Our Home Purchase Plan is only available for properties in England and Wales. 

 

Terms and conditions apply. Finance is subject to status and valuation. Applicants must be 21 years of age or over and be a UK resident.

 

 

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