Joint Borrower Sole Proprietor Mortgage Calculator
Combine your income with a close relative’s to boost how much you could borrow. With a Joint Borrower Sole Proprietor mortgage, only you own the property.
Could a Joint Borrower Sole Proprietor mortgage increase how much you can borrow?
A JBSP mortgage allows more than one person’s income to support the mortgage while only one person owns the property. Use the calculator for an initial affordability estimate.
Please note: This calculator provides an indicative estimate only. JBSP affordability and eligibility criteria can vary significantly between lenders.
Could a JBSP mortgage help you borrow more? Speak to an Oportfolio mortgage adviser for a personalised JBSP assessment.
FAQ: Joint Borrower Sole Proprietor Mortgage Calculator
How much can I borrow with a JBSP mortgage?
The amount you can borrow with a JBSP mortgage depends on the combined income of the applicants, as well as their debts, financial commitments, mortgage term and the lender’s affordability criteria. Use our Joint Borrower Sole Proprietor mortgage calculator for an estimate of your potential borrowing.
Who can be a joint borrower on a JBSP mortgage?
This depends on the mortgage lender. Parents or close family members commonly support a buyer through a Joint Borrower Sole Proprietor mortgage, although some lenders may consider other relationships. Eligibility, age limits, affordability requirements and acceptable applicants vary between lenders.
This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of the specific lender. You should make an appointment to receive mortgage advice which will be based on your needs and circumstances.