Joint Borrower Sole Proprietor (JBSP) Calculator

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Welcome to the Joint Borrower Sole Proprietor (JBSP) Affordability Calculator

Tax Year 2024-25

Please fill out the required information accurately, and our calculator will provide you with a clear assessment of affordability. If you have any questions or need assistance, please reach out to our team.

Application Information

Broker Name(Required)

Date

Email(Required)

Please enter the email address you would like your affordability result to be sent to upon completion of the calculator.

Occupying Borrowers

Income & Committed Expenditure

Applicant Name	Annual Net Income	Annual Total Committed Expenditure	Years Until Retirement	Annual Anticipated Retirement Income	Current Age	Actions

There are no Occupying Borrowers.

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Number of Occupying Borrowers

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Section Break

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Occupying Borrower #1 - Current Age

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Occupying Borrower #1 - Years Until Retirement

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Occupying Borrower #1 - Annual Anticipated Retirement Income

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Occupying Borrower #1 - Total Annual Committed Expenditure

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Occupying Borrower #1 - Annual Net Income

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Section Break

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Occupying Borrower #2 - Current Age

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Occupying Borrower #2 - Years Until Retirement

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Occupying Borrower #2 - Annual Anticipated Retirement Income

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Occupying Borrower #2 - Total Annual Committed Expenditure

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Occupying Borrower #2 - Annual Net Income

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Total Annual Gross Income - Occupying Borrowers

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Total Annual Committed Expenditure - Occupying Borrowers

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Income Multiple

Based on just the occupying borrower's income the maximum loan we would be able to consider on a repayment basis is approximately:

Household Size

The household size must be selected from the dropdown options before proceeding. Please ensure that the number of adults matches the number of applicants you have added.

Number of Adults(Required)

Please enter a number greater than or equal to 0.

Number of Children(Required)

Please enter a number greater than or equal to 0.

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How Many Applicants are Retired?

Are All Applicants Retired?

Monthly Expenditure

Basic Essential Expenditure & Quality of Living Costs

Would you like to use ONS data?

If 'Yes' is selected, the fields will be automatically populated with ONS expenditure data, which can be over-typed.

Food & Drink

Clothing

Utilities (Gas, Electricity & Water)

Household Goods & Repairs

Health

Personal Transport (inc. Car Insurance)

Communication (inc. Mobile Phone)

Recreation

Council Tax(Required)

Please enter a number greater than or equal to 0.

Per month based on 10 months

Holidays

Please enter a number greater than or equal to 0.

Home & Protection Insurance Premiums(Required)

Please enter a number greater than or equal to 0.

Personal Goods (e.g. Luxury Toiletries)

Please enter a number greater than or equal to 0.

Childcare Costs

Please enter a number greater than or equal to 0.

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Affordability Totals

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Total Monthly Expenditure

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Total Annual Expenditure

Supporting Borrowers

Income & Committed Expenditure

Applicant Name	Annual Net Income	Annual Total Committed Expenditure	Years Until Retirement	Annual Anticipated Retirement Income	Current Age	Actions

There are no Supporting Borrowers.

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Supporting Borrower #1 - Years Until Retirement

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Supporting Borrower #1 - Annual Anticipated Retirement Income

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Supporting Borrower #1 - Total Annual Committed Expenditure

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Supporting Borrower #1 - Annual Net Income

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Supporting Borrower #1 - Current Age

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Section Break

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Supporting Borrower #2 - Years Until Retirement

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Supporting Borrower #2 - Annual Anticipated Retirement Income

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Supporting Borrower #2 - Total Annual Committed Expenditure

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Supporting Borrower #2 - Annual Net Income

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Supporting Borrower #2 - Current Age

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Section Break

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Number of Supporting Borrowers

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Total Annual Gross Income - Supporting Borrowers

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Total Annual Committed Expenditure - Supporting Borrowers

Household Size

The household size must be selected from the dropdown options before proceeding. Please ensure that the number of adults matches the number of applicants you have added.

Number of Adults(Required)

Please enter a number greater than or equal to 0.

Number of Children(Required)

Please enter a number greater than or equal to 0.

Are All Applicants Retired?

Monthly Expenditure

Basic Essential Expenditure & Quality of Living Costs

Would you like to use ONS data?

If 'Yes' is selected, the fields will be automatically populated with ONS expenditure data, which can be over-typed.

Food & Drink

Clothing

Utilities (Gas, Electricity & Water)

Household Goods & Repairs

Health

Personal Transport (inc. Car Insurance)

Communication (inc. Mobile Phone)

Recreation

Council Tax(Required)

Please enter a number greater than or equal to 0.

Per month based on 10 months

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Holidays

Please enter a number greater than or equal to 0.

Home & Protection Insurance Premiums(Required)

Please enter a number greater than or equal to 0.

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Personal Goods (e.g. Luxury Toiletries)

Please enter a number greater than or equal to 0.

Childcare Costs

Please enter a number greater than or equal to 0.

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Affordability Totals

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Total Monthly Expenditure

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Total Annual Expenditure

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Occupying Borrowers Annual Budget Summary

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OB #1 - Years Until Review

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OB #2 - Years Until Review

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SB #1 - Years Until Review

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SB #2 - Years Until Review

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OB #1 Retirement Income

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OB #2 Retirement Income

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SB #1 Retirement Income

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SB #2 Retirement Income

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OB #1 - Inc. 2% OB1

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OB #2 - Inc. 2% OB1

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SB #1 - Inc. 2% OB1

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SB #2 - Inc. 2% OB1

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OB #1 - Inc. 2% OB2

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OB #2 - Inc. 2% OB2

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SB #1 - Inc. 2% OB2

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SB #2 - Inc. 2% OB2

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OB #1 - Income Used OB1

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OB #2 - Income Used OB1

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SB #1 - Income Used OB1

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SB #2 - Income Used OB1

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OB #1 - Income Used OB2

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OB #2 - Income Used OB2

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SB #1 - Income Used OB2

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SB #2 - Income Used OB2

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SB #1 Current Income Net of Tax & NI

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SB #2 Current Income Net of Tax & NI

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OB #1 - Income Used SB1

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OB #2 - Income Used SB1

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SB #1 - Income Used SB1

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SB #2 - Income Used SB1

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OB #1 - Income Used SB2

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OB #2 - Income Used SB2

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SB #1 - Income Used SB2

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SB #2 - Income Used SB2

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OB #1 Combined Income Used

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OB #2 Combined Income Used

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SB #1 Combined Income Used

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SB #2 Combined Income Used

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OB #1 Monthly Combined

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OB #2 Monthly Combined

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SB #1 Monthly Combined

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SB #2 Monthly Combined

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OB Current Monthly House Exp. (ONS)

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SB Current Monthly House Exp. (ONS)

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OB #1 Net Income

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OB #2 Net Income

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SB #1 Net Income

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SB #2 Net Income

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OB #1 = Current Monthly Stressed Payment

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OB #2 = Current Monthly Stressed Payment

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SB #1 = Current Monthly Stressed Payment

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SB #2 = Current Monthly Stressed Payment

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OB #1 Retirement Coverage

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OB #2 Retirement Coverage

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SB #1 Retirement Coverage

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SB #2 Retirement Coverage

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OB #1 Retirement Coverage P/F

0 = N/A 1 = Pass 2 = Fail

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OB #2 Retirement Coverage P/F

0 = N/A 1 = Pass 2 = Fail

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SB #1 Retirement Coverage P/F

0 = N/A 1 = Pass 2 = Fail

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SB #2 Retirement Coverage P/F

0 = N/A 1 = Pass 2 = Fail

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OB Total Annual Income

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OB Total Annual Expenditure

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SB Total Plus Pension

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OB Total Plus Pension

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OB Disposable Annual Income

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OB Less 10% of Disposable Annual Income

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OB 90% of Disposable Annual Income

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OB 90% of Disposable Monthly Income

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Supporting Borrowers Annual Budget Summary

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SB Annual Exp - ONS

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SB Total Annual Income

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SB Total Annual Expenditure

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SB Disposable Annual Income

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SB Less 10% of Disposable Annual Income

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SB 90% of Disposable Annual Income

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SB 90% of Disposable Monthly Income

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Ability to Support Stressed CMS on Customer(s) Income and/or Family Member(s) Income

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Combined 90% Disposable Income (Monthly)

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Monthly CMS at Stress Rate (Interest Only)

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Combined Percentage Coverage at Stress Rate (Interest Only) %

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Monthly CMS at Stress Rate (Capital Repayment)

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Combined Percentage Coverage at Stress Rate (Capital Repayment) %

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Monthly CMS at Stress Rate (Part & Part)

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Combined Percentage Coverage at Stress Rate (Part & Part) %

Current Affordability

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Maximum Loan Available Based on Occupying Borrower Income Multiple

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Maximum Loan Cap

4 Times Customer Income Multiple

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Product Limit

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Max Loan Based on Multiples / Product Limit

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Max Loan Based on Affordability

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Maximum Loan We Can Consider

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Coverage of Repayment Type (%) Admin

Coverage of Repayment Type (%)

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Coverage of Repayment Type - Pass/Refer/Fail

0 - No 1 - Review 2 - Pass 3 - Fail

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Pass/Refer/Fail?

0 - No 1 - Review 2 - Pass 3 - Fail

The loan is currently affordable

Please review the loan amount

This has failed on current affordability

Worst Retirement Coverage (%)

Anticipated affordability to all borrowers at retirement: Fail

Anticipated affordability to all borrowers at retirement: Pass

Lending Into Retirement Requirements

Important: If any of the below fail, the maximum LTV permitted is 80%

Current LTV (%)

Maximum Loan Permitted

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First Retirement - Supporting Borrowers

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First Retirement - Occupying Borrowers

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First Retirement - Supporting & Occupying Borrowers

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SB1 Retirement Coverage

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SB2 Retirement Coverage

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Retirement Worst Coverage Occupier's Sole Income

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* If LTV is over 80% and occupying borrower(s) still reliant on supporting borrower's income in retirement?

1 is Not Applicable 2 is Pass 3 is Fail

If LTV is over 80% and occupying borrower(s) still reliant on supporting borrower's income in retirement?: Fail

If LTV is over 80% and occupying borrower(s) still reliant on supporting borrower's income in retirement?: Pass

If LTV is over 80% and occupying borrower(s) still reliant on supporting borrower's income in retirement?: Not Applicable

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SB1 70 or Over at Start of Mortgage?

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SB2 70 or Over at Start of Mortgage?

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SBS 70 or Over at Start of Mortgage?

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If the LTV is over 80% & the supporting borrower(s) are age 70 or over at the start of the mortgage?

1 is N/A 2 is Pass 3 is Fail

If the LTV is over 80% & the supporting borrower(s) are age 70 or over at the start of the mortgage?: Pass

If the LTV is over 80% & the supporting borrower(s) are age 70 or over at the start of the mortgage?: Not Applicable

If the LTV is over 80% & the supporting borrower(s) are age 70 or over at the start of the mortgage?: Fail

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OB1 Years Until 70

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OB2 Years Until 70

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Check if OB1's remaining years exceed loan term

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Check if OB2's remaining years exceed loan term

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Combined eligibility based on age limits

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If the LTV is over 80% & the occupying borrower(s) will reach the age 70 before mortgage ends?

1 is N/A 2 is Pass 3 is Fail

If the LTV is over 80% & the occupying borrower(s) will reach the age 70 before mortgage ends?: Pass

If the LTV is over 80% & the occupying borrower(s) will reach the age 70 before mortgage ends?: Not Applicable

If the LTV is over 80% & the occupying borrower(s) will reach the age 70 before mortgage ends?: Fail

If you require assistance with this calculator or if you have any other queries, please ring our Intermediary Team on 01509 631953.

Joint Borrower Sole Proprietor (JBSP) Calculator

Welcome to the Joint Borrower Sole Proprietor (JBSP) Affordability Calculator

Tax Year 2024-25

Application Information

Occupying Borrowers

Section Break

Section Break

Household Size

Monthly Expenditure

Affordability Totals

Supporting Borrowers

Section Break

Section Break

Household Size

Monthly Expenditure

Affordability Totals

Loan Details

Capital Repayment

Interest-Only

Loan Totals

Loan Totals

Occupying Borrowers Annual Budget Summary

Supporting Borrowers Annual Budget Summary

Ability to Support Stressed CMS on Customer(s) Income and/or Family Member(s) Income

Current Affordability

Lending Into Retirement Requirements