What does a bad credit calculator do?
Whilst knowing how much your mortgage payment is going to be and that it is within your budget now and for the future, the first step of your journey is to establish if you are able to obtain a mortgage. This latter point is perhaps more especially the case if you have a bad credit history. A bad credit mortgages calculator can be used to give you an indication of your chances of success. By answering a few simple questions about yourself and your credit history the mortgage calculator for bad credit will give you a response as to what your prospects are. There are no guarantees and ultimately you will still be best placed to seek advice however, a calculator is a very good place to start.