Model Variables

Property & Loan
House Price (£) £400,000
Deposit Percentage (%) 15%
Total Deposit:£60,000
LM Contribution (Fixed):£22,500
EJ Contribution:£37,500
Min deposit bounded to £45,000 to match LM's £22,500.
Interest Rates
Initial Promo Rate (%) 4.50%
Promo Period Length (Years) 2.00 years
Post-Promo Rate (%) 7.50%
Strategy: Overpayments & Subsidies
EJ Annual Overpayment (£) £0
Deducted from EJ's assets. Reduces TCOB and term.
Warksburn Repayment (£55k total) £500 /mo
Lasts for 110 months.
Baseline Hours Worked (Global Default)
EJ Hours Worked (%) 100%
LM Hours Worked (%) 100%

Financial Output

Total Cost of Borrowing £0
Mortgage Paid Off In 25 yrs 0 mos
Monthly Promo Pmt £0
Monthly Post-Promo £0

Affordability & Risk (Based on 27/28 Income)

Total Loan Amount £0
Loan-To-Value (LTV) 0%
Projected Net Household Income (27/28) £0
Loan to Income Multiple 0.0x
Effective Promo Pmt as % of Monthly Net 0%
Effective Post-Promo as % of Monthly Net 0%

First 7 Years Take Home Salary - Detailed Projection

Assumes house purchase in September 2027 (FY 27/28). Base amounts are Gross. Net uses standard UK PAYE & NI rates (2024 thresholds).

Long-Term Take Home Salary Projection (25-Year Term)

Annual Pay Rise (% post-2033) 2.0%

EJ Deployable Assets & Wealth Projection

Analyzes the opportunity cost of using EJ's assets for the deposit and overpayments. Overpayments are drawn from this pot until depleted.

Growth Assumptions

Stock Market Annual Growth (%) 6.0%
Cash/LISA Annual Interest (%) 3.5%

Starting Pot (Sept 2027)

Stocks (from £52,561 base)£0
Cash (from £16,000 base)£0
LISA (Fixed)£15,000
Total Projected Pot (Pre-Deposit)£0

Strategy Impact

Minus EJ Deposit Contribution-£0
Assets Remaining at Year 1£0
Warning: EJ assets depleted by deposit!

Year 25 Projection

Future Value if left untouched (No Deposit/Overpmt)£0
Future Value with chosen Strategy£0
TCOB Savings from Strategy £0