I've gone through various mortgage calculators on bank websites and independent sites and there seems to be a large discrepancy between them all.
For example boi calculator indicates that I could borrow 26k (?!) On two salaries of 50k & 37k..yet the mortgages.ie calculator says I could get over 400k. Some take bonus's, other loans kids etc into consideration. .but in general they all vary significantly. (I've rentered info a few times to make sure I didn't have typo's)
Are they just for fun? Do any of them reflect what a real bank will give? If so please recommend one . Thanks
For example boi calculator indicates that I could borrow 26k (?!) On two salaries of 50k & 37k..yet the mortgages.ie calculator says I could get over 400k. Some take bonus's, other loans kids etc into consideration. .but in general they all vary significantly. (I've rentered info a few times to make sure I didn't have typo's)
Are they just for fun? Do any of them reflect what a real bank will give? If so please recommend one . Thanks