Knowing whether you can afford to buy that dear little house you saw the other day – it is much easier to look for mortgages these days, but not necessarily easier to get an offer. There are more variables . Needing to have a huge deposit is always a stumbling block. Realisitically someone needs to start saving for their mortgage deposit as soon as they leave nappies behind. 20 or 22% is generally needed now plus the fees, unless you buy a new build wher the seller usually contributes as a sweetner. Once you have a ballpark figure, it’s time to check up mortgage prices. Using the estimated cost of the property, you can find other calculators online which will tell you how much you can expect to pay on different types of mortgage. We always recommend choosing a mortgage which pays off each month, rather than an interest only!