Jitty has joined with L&C Mortgages to launch what it said is the UK’s first fully integrated monthly budget calculator for homebuyers.
The tool, built straight into Jitty’s property listings, lets buyers search for homes by average monthly mortgage repayments instead of just asking price.
Buyers enter income and deposit details into the calculator, which is shown on every listing and in filters.
Using L&C’s market-wide figures, it gives an estimated monthly repayment.
Jitty then filters listings to show only homes that match the buyer’s monthly budget.
Properties just outside the set budget are also flagged.
Each listing highlights the estimated monthly mortgage payment and, where available, other costs like council tax, service charges or ground rent.
Jitty said the feature removes the need for buyers to switch between mortgage calculators and property listings.
Buyers can now search, filter and compare homes based on their monthly outgoings.
Graham Paterson, CEO and co-founder at Jitty, said: “For most people, affordability isn’t just about the asking price on a listing, it’s about the monthly cost attached to living in that home.
“By combining Jitty’s AI-driven search with L&C’s mortgage expertise, we’ve made it possible to view the potential costs associated with buying a property, instantly, and keep that in mind while you are browsing.
“This allows for a much more realistic and worry-free way of thinking when searching for your dream home.”
Donna Callaway, partnership director at L&C Mortgages, said: “Buying a home is one of life’s biggest financial commitments, and knowing exactly what you can afford each month makes that journey clearer and less stressful.
“Working alongside Jitty, we’ve put mortgage insight right at the point where buyers are choosing which homes make their shortlist – so they can make confident, informed decisions that are supported by expert advice.”
