I was doing some playing around with online mortgage calculators and I discovered that, if my DH were to apply for a mortgage alone, he would be able to borrow more than applying with me (I am a SAHM and we have two kids).
Why is that?
And can he apply alone?
It's quite a significant difference. We can afford to pay back a larger sum borrowed, we're not in any debt and my DH's salary is good and stable and our outgoings aren't huge.
The difference between what he can borrow "with" me and without would mean we wouldn't have to leave our current neighbourhood.
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One spouse applying for a mortgage alone?
11 replies
Nickname1980 · 13/09/2016 14:48
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