Search EDGE ID
Affordability
Documents
Application 8 of 12
Property and loan£560,000 · borrow £385,000 About youExample user · 1 applicant IncomeOpen Banking + 3 payslips CommitmentsCard, nursery, joint bills AffordabilityPasses at stress rate Decision in principleApproved · soft search Product5 yr fixed 4.29% · 75% LTVDocuments9 of 12 receivedValuationBooked 21 OctUnderwritingHuman + JudeOfferValid 6 monthsCompletionSolicitor: Ellis & Co
Affordability Moving homeExample data
Income and outgoingsUnderwriter review: LTI
| Item | Monthly | Annual | Counted | Source | Check |
|---|---|---|---|---|---|
| Basic salary · X-X.TECH Ltd | £4,850.00 | £58,200 | 100% | Payslips + Open Banking | Verified |
| Annual bonus | £541.67 | £6,500 | 50% | P60 2025/26 | Verified |
| Dividends · X-X.TECH Ltd | £833.33 | £10,000 | 0% | needs 2 yrs SA302 | Not counted |
| Income counted | £5,120.84 | £61,450 | |||
| Credit card | £642.18 | 3% of balance | Credit card | Verified | |
| Childcare · Islington Nursery | £980.00 | 100% | Open Banking | Verified | |
| Council tax (new home, band E) | £221.00 | 100% | VOA band | Estimated | |
| Energy, water, broadband | £260.00 | 100% | Open Banking 6 mo | Verified | |
| Living costs (ONS, 1 adult + 1 child) | £1,140.00 | 100% | ONS FYE 2026 | Model | |
| Travel and car | £150.00 | 100% | Open Banking | Verified | |
| Pension contributions | £291.00 | 100% | Payslip 5% | Verified | |
| Outgoings | £3,703.18 | ||||
| Net disposable after tax | £3,822.40 | tax £1,298.44 · NI £0 | |||
| Mortgage at 4.29% | £2,094.32 | 25 yrs · repayment | 55% of disposable | ||
| Mortgage at stress 7.29% | £2,792.74 | rate + 3% | Passes | ||
| Loan to income | 6.27 times income | limit 4.5 times · 6.0 with 2 incomes | Above 4.5 times |
Stress test
Monthly paymentDisposable incomeComfort line
Decision in principle Approved
Amount£385,000 over 25 yearsValid until11 Jan 2027Credit searchSoft · no footprintConditionsSA302s for dividends · valuation
Offer termsDraft
Product5 yr fixed · 75% LTVRate4.29% to 31 Dec 2031ThenSVR 7.24% (variable)APRC6.1%Monthly£2,094.32Fees£999 added · £0 valuationERC5%, 4%, 3%, 2%, 1%PortYes · current fix ported, no ERCTotal to repay£629,296
Documents · 9 of 12
| Passport | EDGE ID | Verified |
| Proof of address | EDGE ID | Verified |
| Payslips Jul–Sep | Upload | Received |
| P60 2025/26 | Upload | Received |
| SA302 2024/25 and 2025/26 | HMRC | Requested |
| Bank statements 3 mo | Example Bank | Auto |
| Deposit source: sale of current home | Solicitor | Received |
| Memorandum of sale | Agent | Received |
| Current mortgage redemption | Example Bank | Auto |
| Childcare contract | Upload | Received |
| Valuation report | Surveyor | 21 Oct |
| Buildings insurance | From exchange | Due |
Next decisionAsk Jude
Tell Jude what you intend to do
JudeAI · Qwen 27B on Civo