i am 21yr old my girlfrend earns £12,000 per year and i earn £19,600 per year what is the most i could borrow also i have no deposit and owe £10,000 on a car
2006-10-13 03:10:45 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I live in the uk £10,000 is about $20,000 and you wont get anywhere in life if you dont buy a house and to do that you need to borrow less mummy and daddy pay then you are sad anyway
2006-10-13 03:19:23 · update #1
You owe $10,000 on a car, then you probably wont get any sort of mortgage. If you do get money it will be very little since you have a negative equity.
2006-10-13 03:14:04 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Your girlfriend's income will only matter if you are getting a loan together. If you are not getting a zero down loan, you will have to show that you have the money in the bank to make a downpayment. You could probably get a loan for more than you would expect, but you need to consider your debt. You may even want to refinance your car loan into your mortgage (if possible).
2006-10-13 03:17:32 · answer #2 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋
Why borrow money that needs your over 10 years to pay back? Stay low-profiled, don't borrow.
2006-10-13 03:13:16 · answer #3 · answered by changmw 6 · 1⤊ 0⤋
Apply online at www.surefirefinance.co.uk they will get back to you with how much you can borrow
2006-10-13 07:14:32 · answer #4 · answered by Anonymous · 0⤊ 0⤋