๐Ÿงฎ

Ejector seat calculator

Affordability calculator Gen H Pro log in

Application โ†’ All guides

๐Ÿ““
A - Z of Application criteria
๐Ÿ““
Deposit sources
๐Ÿ““
Direct Debits
๐Ÿ““
Early repayment charges
๐Ÿ““
Interest
๐Ÿ““
Tenure
๐Ÿ““
Loan to income multiples
๐Ÿ““
Loan purpose
๐Ÿ““
Loan size
๐Ÿ““
Location
๐Ÿ““
Maximum LTV
๐Ÿ““
Mortgage term
๐Ÿ““
Offer validity
๐Ÿ““
Overpayments
๐Ÿ““
Payment holidays
๐Ÿ““
Porting
๐Ÿ““
Rate switches
๐Ÿ““
Remortgage & Additional Borrowing
๐Ÿ““
Repayment methods
๐Ÿ““
Adverse Credit
๐Ÿ““
Age
๐Ÿ““
Applicants
๐Ÿ““
Asylum Seekers
๐Ÿ““
Boosters
๐Ÿ““
Commitments & Expenditure
๐Ÿ““
Customer Verification
๐Ÿ““
Dependants
๐Ÿ““
Expat
๐Ÿ““
First-Time Buyer
๐Ÿ““
Home Movers
๐Ÿ““
Non UK Nationals
๐Ÿ““
Overseas applicants
๐Ÿ““
Owners
๐Ÿ““
Retirement
๐Ÿ““
Students
๐Ÿ““
Vulnerable Customers

Income and employment โ†’ All guides

๐Ÿ““
A - Z of Income types
๐Ÿ““
Benefit income
๐Ÿ““
Contract workers
๐Ÿ““
Employed
๐Ÿ““
Foreign currency income
๐Ÿ““
Furlough
๐Ÿ““
Minimum incomes
๐Ÿ““
Other income types
๐Ÿ““
Parental Leave
๐Ÿ““
Pay increases
๐Ÿ““
Pension
๐Ÿ““
Piecework
๐Ÿ““
Rental income
๐Ÿ““
Retirement income
๐Ÿ““
Self Employed
๐Ÿ““
Stipend Income
๐Ÿ““
A - Z of Property types
๐Ÿ““
A - Z of Purchasing schemes
๐Ÿ““
Bedroom count
๐Ÿ““
Construction types
๐Ÿ““
Current value
๐Ÿ““
Discounted purchase price
๐Ÿ““
Flood Risk
๐Ÿ““
Help to Buy
๐Ÿ““
Leasehold
๐Ÿ““
New builds
๐Ÿ““
Property values
๐Ÿ““
Retentions
๐Ÿ““
Service charges
๐Ÿ““
Tenure types
๐Ÿ““
Valuations

Packaging guide โ†’ All guides

๐Ÿ““
Benefit income
๐Ÿ““
CIS income
๐Ÿ““
Employed income
๐Ÿ““
Investment income
๐Ÿ““
Maintenance income
๐Ÿ““
Parental Leave
๐Ÿ““
Rental income
๐Ÿ““
Self-employed income
๐Ÿ““
Sole traders income
๐Ÿ““
Address verification
๐Ÿ““
Additional support
๐Ÿ““
Identification
๐Ÿ““
Miscellaneous
๐Ÿ““
Occupierโ€™s consent
๐Ÿ““
Proof of deposit
๐Ÿ““
Retirement plans and pension

Generation Home Products and Services โ†’ All guides

๐Ÿ““
Registering on our panel
๐Ÿ““
Income boosters
๐Ÿ““
Deposit boosters
๐Ÿ““
The Home Agreement
๐Ÿ““
Conveyancing
๐Ÿ““
ILA
๐Ÿ““
Client facing marketing
๐Ÿ““
Broker marketing
๐Ÿ““
Tariff of Mortgage charges
๐Ÿ““
Terms of Business
๐Ÿ““
Privacy notice

Ejector seat calculator

This is an amortisation calculator, with a series of risk rules built into it.

In short:

The underwriters can work out a point where the Income Booster can be ejected from the mortgage, leaving the homeowners to continue with the rest of their mortgage term.

This must assume that everything stays the same within the buying group (no pay increase, no property value increase), with the loan size decreasing over time due to mortgage repayments.