Monthly costs with an assumed interest rate of 5%
The affordability calculation shows how much you can afford for ongoing costs.
As a rule, the combined mortgage interest, amortization, maintenance and running costs for your home should come to no more than a third of your gross income. The calculation is based on the following:
* In order to ensure a secure financial foundation for your home even when interest rates are rising, our affordability calculations are based on a long-term average mortgage interest rate.
- an assumed interest rate* for the entire financed amount
- amortization of 1% of the entire financed amount (if you are financing more than 65% of the purchase price)
- assumed maintenance and running costs totaling 1% of the purchase price