Home Buyer Financing and Budgeting Guide

It’s certainly hugely exciting purchasing a new home, but it can also be extremely stressful. The better you can arm yourself with knowledge – about your own finances and the world of lending and property transactions – the more likely you are to have a successful, stress-free purchase.

Unless you have unlimited cash, meticulous budgeting and vigilant saving is essential before you buy your new home. It’s also worth spending the time to shop around for the best home loan, and we’ll give you an overview of what to look for. Take care to avoid the common traps of mortgage agreements too – these are long-term contracts, so you don’t want to sign up for the wrong one.

Read on for in-depth advice on budgeting for and financing your new home, including:

• How do I finance my new home?
• Establishing a home buyer budget
• Tips on saving for your new home
• Finding the best home loan for your new home
• The ins and outs of applying for a mortgage