How FundFirst works

FundFirst combines housing, earnings and wider economic conditions to produce a deposit-feasibility classification.

1

Enter a scenario

Add a property price, annual income and economic conditions.

2

FundFirst analyses four inputs

Property price, annual income, household saving ratio and Bank Rate.

3

Receive one of three results

Achievable, Stretch or Unfeasible.

4

Understand your position

See the classification and how strongly the model favoured each possible result.

FundFirst deposit-saving ranges

AchievableUp to 72 months
StretchMore than 72 and up to 108 months
UnfeasibleMore than 108 months

These are FundFirst’s deposit-saving ranges and are not universal affordability standards.

The model

FundFirst uses a trained Logistic Regression model using four housing and economic inputs. The final model was selected after comparison with Random Forest.

Explore your scenario