Mortgage Check List
Mortgage Check List
A house is the biggest purchase most of us will make, so do make sure that you can afford the place where you will be living? Try using this simple Check list below to give you a good idea of exactly how much you can afford to spend on a mortgage? Spending to much on a home could leave you with very little for anything else.
Income:
1st salary
2nd salary
Other income
Outgoings:
Credit cards and other loans
Contribution to pension fund
Other rental/HP agreements
Savings contributions
Household protection insurance
Food
Household goods
Clothes
Toiletries
Dry cleaning and Washing
Gas
Electricity
Water
Council tax
Telephone (including mobile)
Life assurance and protection products
Prescriptions
Eye care
Petrol/diesel
Car insurance
Public transport
Car tax
Car maintenance
Children’s education (Meals, Uniform, Trips or Nursery fees)
Holidays
-
Gym or leisure club membership
TV license
Pets (food, Vet bills)
Socialising (Smoking, Drinking, Restaurants, Cinema)
Hobbies
Computer equipment
Anything Missed
Total income
Outgoings Total
Estimated Mortgage Amount
Always remember, a mortgage is one of the longest term loans you will probably have in your life. So proceed carefully, take your time to find the mortgage that suits you the best. If you are unsure then do find help from a professional broker. Thank you for reading I hope you found this guide informative. Good luck in your search for you new home.
