Rent affordability calculator - Commercial Trust

How to use the rent affordability calculator

Please note that, depending on the area, average local rents may be a lower or higher proportion of average wages. This calculator is intended as a guide only, and should not be the main basis for your decision to let to a particular tenant or tenants.

Working out how affordable monthly rent charges are 

The rent affordability calculator is to work out how affordable the rent charged by a landlord will be for the tenant(s).

This calculator is based on the notion that an 'affordable' rent should be about 35% or less of a tenant's wages.

If you have more than one tenant, enter their combined wages into the field provided. (If you are renting to sharer tenants on separate tenancy agreements, work out each rent separately.) 

Mortgage Club awards winner 2018