You can use this Joint mortgage with parents calculator to see what a joint mortgage with your parents could cost you.

How much you can borrow on a joint mortgage with your parents?

You can use the joint mortgage calculator below to see the maximum amount you could borrow.

What the repayments on a joint mortgage could look like?

When taking out a joint mortgage with your parent’s you may choose to split the monthly mortgage repayments equally or you may be fully responsible for the monthly mortgage repayments and your parents simply act as a stepping stone by providing you with a mortgage deposit.

This Joint mortgage with parents calculator assumes that you will make the monthly mortgage repayments by yourself and your parents will simply help you by providing you with a mortgage deposit.

In this case, you should simply add up your mortgage deposit and input one mortgage deposit figure in our mortgage repayment calculator.

If you need financial advice and you live in the UK then you could contact the Money Advice service over the phone or via chat for impartial advice.

You can also contact the debt charity “Step Change” if you are in debt and need help.