Whenever we have mentioned the word BUDGET to clients over the years we seem to get all sorts of reactions. From rolling of the eyes, head in hands right through to those who are already working hard with a plan.
When it comes time to leave home or stop being a tenant and you enter the world of home ownership there are many things that need to be considered in buying and owning property. At Mortgage Masters our Loan Consultants are trained to help clients put together a budget that not only covers the cost of buying a property but will consider the ongoing costs of home ownership that can be forgotten in the excitement of buying.
We also like to stress test the repayments, taking into consideration interest rate rises, lifestyle changes and any other events that can affect your ability to repay your home loan and other bills.
So if you are just starting out and need some help to establish a budget to reach the goal of buying property or you may already have a home loan and just need a review and a starting place to formulate a budget that can help you get on top of things then call us today. Remember our service is at no cost and could save you money.
Tip: check out this website! – https://www.moneysmart.gov.au/tools-and-resources/calculators-and-apps/budget-planner
Mortgage Masters are expert mortgage brokers in Newcastle, Maitland and Hunter Valley. Get the best mortgage advice by contacting us today!