Home buyer finance and budget checklist

Whether it’s finding a property professional or searching for a home loan, careful planning and research is the key to successfully financing your property purchase. You need a solid understanding of your finances in order to put together a budget, even if you’re using a financial advisor to help you. You can radically improve your savings effort by cutting down on extras and researching better deals on household expenses – the bigger your deposit, the lower your ongoing costs will be.

Applying for a mortgage can be stressful and there are many potential pitfalls. Again, doing your research and shopping around will help you gain a better understanding of what’s available and the financials involved in buying a home. Our guide will give you insider tips on how to find the best loan and what to look out for when applying for a mortgage. We want to help reduce the stress of buying a home to make it the exciting life event it should be.

Here’s what you need to know:

• How do I finance my new home? Understand your personal finances and purchase goals and enlist the help of professionals.
• Establishing a home buyer budget. Keep track of your costs and expenses with our online calculator.
• Tips on saving for your new home. Give yourself some breathing space by saving enough before you buy.
• Finding the best home loan for your new home. An in-depth analysis of the features of loans and what to look for.
• The ins and outs of applying for a mortgage. Avoiding the pitfalls, negotiating rates and getting approved – and how to do it.