Could I get a mortgage?

[marathonic]

Age: 27
Salary: €28k

Investment Property

Cost: €205k
Current Mortgage: €95k
Current Rent: €560 per month
Mortgage: €410 per month


I'm living with parents but would like to move to a house of my own within the next 3-6 months. I'd consider renting rooms in my new house if it was required.


New House

Cost: €130k
Deposit: €25k
Mortgage Needed: €105k

I've got €35k but am retaining €10k for solicitors fees, stamp duty and some furniture.

Also, I was in Chicago last year for a few months and thought my MBNA card was cleared. When I returned, I had three letters and the balance was actually €16.54 (to which late payment fees and interest were added). This has since been paid off. Will this limit, or eliminate entirely, my options and, if so, for how long?

 

[niceoneted]

The only way you will know for sure is when you apply for the mortgage. There is no telling these days who'll get a mortgage.
How secure is your job/industry will be a huge factor.

 

[WinWin]

I would say the bank will look at the combined mortgages when deciding, so 200k, which is over 7 times your earnings. Cant see any bank lending you that.