Step 1 - Home Price

What home price can you afford?

You should work out what home price you can afford before you look in your local agent’s window or on the net at homes or property.

This is the first step you need to complete in the home buying process.

Whether you are a first home buyer or looking at your next investment property – you need to complete:

1. your budget planner to determine your current income and expenses and what you can afford to pay in mortgage repayments;

2. your asset schedule to work out the current value of your assets and savings

3. your home purchase costs At the end of this process you will have achieved

Result 1 – you will have found out the price of the property you can afford to buy.

Lets work through each step in the process of working out your home price – starting with budget planner

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