Key Post Minimum Income Standard Calculator

Brendan Burgess

Founder
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52,179
http://misc.ie/

This is a very useful tool when answering questions on mortgage arrears. It calculates what your minimum expenditure should be and how it relates to your income.

I gather that the figures are a bit higher than the ISI Reasonable Living Guidelines, which is fair enough, as they apply to people who are going through an insolvency process.

I think that some of the lenders may use this calculator to work out what is reasonable when giving people a deal.

Certainly borrowers could use these figures to justify what they need to live on.