Affordability calculation for Turkish mortgages vary from lender to lender. But the main calculation is based on the following criteria.

The Turkey mortgage affordability calculation is made of the amount someone in already paying in existing dept, alongside the payment involved with the new mortgage, to ensure that the total amount being paid by someone is no more than 33-50% of gross income.

For example,

Mr  X earns £3000 gross a month.  His total UK monthly mortgages and personal loan payments are £1100.  He will have  £400 available monthly mortgage payments for the property in Turkey.  (50% of monthly income minus his existing debts of £1100) He can borrow up to £65,000 depends on the Turkish mortgage interest rates and the mortgage terms. 

Please note for joint applications multiple income will be taking into account.

Turkey Property Mortgages calculate your affordability and the maximum amount that you can borrow.

TPM does not charge any fee for this service. Please contact us now for your free affordability calculation and quotation.