‘I need a mortgage – where do I start?’
It’s important, whether you are just about to buy your first home or renew your current home loan, that you always take care to find the right mortgage for your situation and understand what comes with securing such an important aspect of your life.
Living comfortably while paying off your home is of great importance, so you need to know what a mortgage entails and how this will affect your money situation.
How will your mortgage repayments affect your life? Will you be able to pay for the kids’ school trip or new pair of shoes if you decide to opt for a higher rate to pay the loan off quicker or do you stick with your flexible interest situation?
It’s a lot to take on and consider. Make use of the Money Advice Service’s mortgage calculator to help you budget properly, and take the time to read this mortgage survival guide infographic, which details the steps that come with seeking the right mortgage for you and what must be considered at each stage.
Seek out the right mortgage – An infographic by the team at Money Advice Service
