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  • got our offer in principle from my bank

    They cant give us monthly payment rates or interest rates until we put an offer on a house, seemed to make sense to me.

    Mortgage advisor is saying if we have an idea of the amount we will be borrowing they can get those so it speeds up the process when you do put the offer in.

    Both say the other is chatting shit, which is it?

  • If you know your amount borrowed, ltv and term then it should be possible to figure out from their website & maths all the info you want?

  • If you know your deposit and set a budget, your mortgage advisor should be able to tell you if you are likely to pass affordability checks. As long as your budget is lower than the number the bank gave you for the mortgage in principal that should be fine.

    With the above info then you can do it yourself, but the broker can definitely do it for you. They can give you a range of options from different lenders with an accurate indication of what you will be paying each month.

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