MY MORTGAGE PLAN
ANALYTICAL PLANNING & SCENARIO ANALYSIS
Your Insights - Your Personal Plan - Your Action - With Lifetime Access
MyMO
SMART PLAN
SMARTER CHOICES
Gain a clear understanding of your current or desired financial position, cash flow, capital and interest payments. Take the necessary steps to achieve your short and mid-term financial goals. MyMo Plan will help you to track, preserve and enhance the growth of your property's equity in line with inflation. MyMo Plan provides valuable insights and guidance, allowing you to make informed decisions about your mortgage now or years later. Whether you're just starting out or already have a mortgage, we're here to support you in optimizing your financial outcomes and securing a prosperous future.
MyMo Plan - Supporting UK First-time Buyers
Whether you're buying for yourself or supporting your child — you're in the right place.
Are you a parent helping your child onto the property ladder? Start here
QUICK LINKS
Empower Your Financial Journey with My Mortgage Plan
Clarity in Personal Finances through Analytical and Systematic Planning
OUR SERVICES ARE FOR FIRST-TIME BUYERS ONLY
My Mortgage Plan Scenario Analysis Report
A detailed scenario analysis tailored to your unique financial circumstances, combined with lifetime access to MyMoCalc, ensuring ongoing financial planning with regular updates
Mortgage & Property eBook
A comprehensive 300+ page downloadable eBook covering essential aspects of the property purchase and mortgage process, addressing common first-time buyer questions, challenges, and practical solutions and clarification
First-time Buyer Help Desk - Expert General Advice & Support
Experiencing difficulties before or during the purchase process? Submit your detailed inquiry at any stage of your first-time buyer journey, and our experts will provide personalized guidance and support to help you navigate through the entire first-time buyer process until you move into your new home
First-time buyer Position evaluation
Based on your unique financial position we assess your circumstances and we generate a comprehensive report to see how likely you would be accepted for a First-time buyer mortgage
MyMoCalc
Your MyMo Plan Report is just the beginning of your journey. With lifetime access and updates, you can track changes in your personal finances and generate updated reports as your circumstances evolve. Stay informed and make confident decisions at every stage of your home-owningjourney
If you are currently contemplating obtaining a mortgage but find yourself uncertain about its benefits and potential impact on your financial situation, cash flow, savings, and equity growth over the course of up to five years, we have a solution for you. Our comprehensive report offers insightful visualizations of fact-based scenarios (base-case, best-case, worst-case) tailored to your unique financial circumstances and the prevailing economic climate. Each scenario provides a detailed analysis of cash inflows and outflows, net cash flow, monthly opening account balances, and closing cash positions for the short and mid-term (1-5 years), all tailored to your personal circumstances. These scenarios are presented through a series of informative diagrams and charts with action plan to achieve your desired financial long term goals.
Our report provides a straightforward and easily comprehensible analysis, accompanied by an actionable plan specifically designed for your personal circumstances. It serves as the initial step towards gaining a deeper understanding of how to take technical control of your personal financial commitments and ensure the sustained growth of your equity for years to come. It supports your property ladder journey by giving you a guided financial action plan/ projection and provides you guidance how to practice control over your financials to achieve your goals. Furthermore, it facilitates a thorough evaluation of the significant disparities between owning a mortgage or paying rent in an illustrative educational way.
What is included in MyMo Plan?
Analytical assessment and projection on fact based data according your obtained mortgage
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Analytical scenario analysis and projection based on current market and economical data (best, present, worst case) applied to your current mortgage
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Cash-flow analytics with added dependent variables (including a choice of variable elements: further contributions to mortgage payments, lump-sum contributions, further advance, interest rate changes)
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Monthly, Yearly accumulation of capital, interest and equity
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Establishment of target values (expected/ desired values) in order to size-up or go mortgage free in property (including dependent variables)
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Visual representation with charts of each milestone for a better understanding of analytical outcome
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Make always informed decisions: Lifetime access of constantly enhanced and up to date data analytical platform - MyMoCalc - to support personal finances
See a sample MyMo Plan report. Available with Free Plan
HOW MY MORTGAGE PLAN SUPPORTS YOU TO ACHIEVE YOUR LONG TERM FINANCIAL GOALS
It projects short, medium and long term financial milestones related to your monthly cash-flow, additional personal financial commitments, income, savings, outgoings, including any additional payments towards your mortgage and much more. It shows you an easy to understand roadmap about your core personal finances and predicts three different scenarios of you future finances based on your present and future financial decisions. A healthier personal finances you can work towards.
Core Key features of My Mortgage Plan
PERSONALIZED FINANCIAL ROADMAP
A personalized financial roadmap forges a more resilient and professionally managed personal financial framework, aligning resources with strategic goals, fostering clarity, and empowering individuals to make informed decisions with a heightened sense of accountability.
ADJUSTED SHORT TO MEDIUM TERM CASH-FLOW
Cash position balance, opening accumulated balances, and visualizing data through insightful charts for your chosen variable or fixed period, tailored to your specific mortgage product. Our comprehensive cash-flow plan encompasses all monthly expenses and additional income streams, offering you a precise and detailed financial projection and more.
ACCOMULATED MORTGAGE PRINCIPAL AND INTEREST PAYMENTS BY MONTHS
Track the diminishing mortgage debt through monthly principal and interest payments, gaining insights into the accruing equity on a month-to-month basis and tracking the cumulative equity growth annually.
DETAILED EQUITY BUILD UP AND PROPERTY VALUE INCREASE BY MONTHS AND YEARS
Explore the intricate progression of equity accumulation and property value appreciation on a monthly and yearly basis. Ever pondered how individuals increase equity effortlessly through mortgages, or how some upgrade to a larger home within 2-5 years without relying solely on earned income? My Mortgage Plan offers a guided solution rooted in numerical and analytical reasoning, tailored to your unique financial and lifestyle circumstances.
OPTIMIZED MORTGAGE STRATEGIES
My Mortgage Plan provides invaluable insights for first-time buyers, employing detailed numerical reasoning to offer a strategic advantage. This enables individuals to proactively prepare for forthcoming changes in their mortgage terms, empowering them to align their mortgage strategy seamlessly with their future financial goals.
SAVINGS MAXIMIZATION
My Mortgage Plan facilitates first-time buyers in maximizing savings by delivering a monthly numerical action plan, fostering consistent cash and financial management support tailored to their individual needs.
CASH-FLOW MANAGEMENT
My Mortgage Plan specializes in meticulous cash-flow management, offering a detailed view into short to medium-term financial scenarios tailored to the unique circumstances of the first-time buyers, providing a strategic tool to adhere to individual plans and achieve financial goals step by step.
REAL-TIME FINANCIAL MONITORING
Real-time financial monitoring through My Mortgage Plan empowers first-time buyers to track their finances seamlessly, enabling swift adjustments and informed decision-making to align saving and spending habits with their goals, ensuring a dynamic and responsive approach to achieving financial milestones.
FUTURE BALANCES - CASH POSITION - EQUITY - DEBT & More
Imagine having the ability to make instantaneous adjustments to your savings or spending and witness the immediate impact on your future financial balances – My Mortgage Plan empowers you with precisely this capability.
INVESTMENT & OTHER FINANCIAL COMMITMENT INTEGRATION
Incorporate and adjust various inputs such as inheritance, loans, car loans or a second investment property for buy-to-let purposes, allowing for dynamic alterations to your financial projection and proactive preparation for future financial decisions.
GOAL TRACKING AND ADJUSTMENTS
With My Mortgage Plan's goal tracking and adjustments, you can effortlessly monitor your progress towards financial milestones, utilizing path tracking to ensure you're on the right trajectory, and make timely changes to your spending or savings habits as needed to stay aligned with your goals.
EDUCATION AND EMPOWERMENT
My Mortgage Plan serves as a comprehensive analytical tool, offering continuous education and empowerment to first-time buyers over the years by providing personalized insights, financial guidance, and strategic decision-making support, ensuring a well-informed approach to navigating the complexities of homeownership, optimizing mortgage-related choices, and ultimately empowering individuals to maximize the benefits of owning their property.
REDUCED FINANCIAL STRESS
My Mortgage Plan is instrumental in alleviating financial stress by offering a comprehensive understanding of the entire financial landscape, presenting a projection that instills peace of mind, delineating the trajectory from where we are to where we aim to be in the years ahead. It effectively lightens the burden on our shoulders by imparting knowledge and insights, empowering individuals with the tools to navigate the intricacies of their financial journey with confidence and clarity.
INCREASED FINANCIAL CONFIDENCE
My Mortgage Plan serves as a comprehensive resource designed to enhance financial confidence for first-time buyers in the UK, addressing the intricacies of the housing market, economic uncertainties, and the need for informed decision-making. Through a range of key features outlined above, this platform provides valuable tools and insights, contributing to a holistic increase in financial confidence.
BENEFITS OF MY MORTGAGE PLAN
My Mortgage Plan is providing detailed analytical information and financial scenarios about your existing mortgage product and prepares you financially for many years ahead. Benefit from predictable long term visualized cashflow scenarios, it will support you to practice more targeted control over income & expenditure and most importantly it will guide you through a pre-determined path - based on your financial circumstances - in order to achieve the best possible interest rate when it is time to switch your product or if you planning to upsize your home. Save on interest paid to your lender, achieve your best possible financial position before your next milestone.
Prepare for a smarter financial decision with My Mortgage Plan.
Now with lifetime access, for all first-time buyers.
MyMo Helps to understand and visualize your desired mortgage in line with your current and future income and expenditure
Don't know much in depth about mortgage? It is the best way to understand and see visualized the positive life-long effects by having one. See your financials as one whole clear picture, create your feasible goals and learn how My Mortgage Plan can prepare and guide you along with one of the most important financial commitment you ever going to make.
MyMo provides a comprehensive guide for action & decision-making
When actions focused and coordinated on specific outcomes they are much more effective. Explore your personal analytical mortgage plan, make decisions easier with your My Mortgage Plan
MyMo creates a feasible path towards your future financial position
Without understanding what is needed, it can be extremely difficult to achieve financial security. Actually, it can be next to impossible. Once you have a good understanding of what you need to have a healthy financial life, you can then create goals as a way to help you improve your financial situation. Unsure where to start and how to kickstart your mortgage journey? How would a mortgage affect my financials short and long term?
MyMo is a great source of motivation & commitment to set priorities
Individuals often lack motivation when they lack clear goals and are uncertain about their expectations. My Mortgage Plan alleviates financial ambiguity by offering clarity and clearly defining your objectives. When you have a clear understanding of what you need to achieve, you are more inclined to actively pursue your goals.
MyMo helps you to set your goals
My Mortgage Plan help individuals create and set goals to work towards. Goals are what give people direction and purpose in their lives. When individuals have clear goals in mind, it gives them something to focus on.
People that have clear goals they are actively working towards are around 7 times more likely to succeed. That alone should be enough motivation to create a plan for your finances.
MyMO has emotional & mental health benefits
Individuals with a plan are less stressed and tend to be more optimistic about their future compared to those that do not have any sort of financial plan, projection.
Having a financial plan that you can refer to can increase mindfulness about your personal finances which in turn lowers stress levels around money. When you have a plan in place, you are more likely to overcome setbacks.
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