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Mortgage Planning Checklist

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Mortgage Planning Checklist

Mortgage planning and calculating. It’s so exciting buying a new home but so many things need to be thought about in working out how much you can afford.

Looking at all your ongoing costs like loans, credit cards, living costs like food and utility bills which continue alongside paying for your new home.

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Check your credit rating before you start looking for a mortgage so you can address any issues before start applying for mortgages.

Think about the future and increase in your expenses like children so just be aware of how these changes might affect the future budget.

Considering job stability, a mortgage payment must be made every month.

Mortgage Planning Checklist

Working out how much you can afford

How much can you afford to buy your new home?

Wages, benefits, investment income

Only include reliable income sources.


Monthly costs for loans and hire purchase including car loans, furniture, student loan, appliances, etc.

Credit Cards

Total outstanding on each credit card and the minimum payments.

Monthly Bills

Anything that you pay every month like utility bills, personal loans, insurances.


Weekly food costs, eating out, lunch, coffee.

Frequently asked questions
Looking for more info? Here are some things we're commonly asked
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    People get distracted, and when something gets forgotten, it’s much harder to recover than if they’d completed the task right in the first place.

    Guidance every step of the way makes sure something is completed perfectly every time.

    Read More: Why is a Checklist Important?

  • Checklist To Reduce Mistakes

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    The simple answer to this problem is to use checklists.

    Read More:  Power Of A Simple Checklist To Reduce Mistakes

  • What types of checklist are there?

    How many types of checklists are there? Two. What are the two types of checklists? Read-Do and Do-Confirm checklists are about how you use checklists.

    Read More: Types of checklist: What are the two most powerful Checklist Types?

  • Checklist Software

    A checklist is a way to document each step needed to complete a task. A detailed set of instructions, a guide of how something is done. 

    Checklist software allows you to document every step of a process to be used over and over again.

    Read More: Checklist Software

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