how to calculate outgoings

newlife01

Hello,

I'm sure others have been in the position that I find myself in and would appreciate some advice please.

I have come out of a long term relationship and am trying to adjust to going from two salaries to one salary. My partner has bought me out of the house and I've moved to a different part of the country and am living with my parents whilst I look to buy a new property.

I'm nervous of overstretching myself on mortgage payments when realistically I dont know what my other outgoings, such as utility bills etc, would come to as I'm living in an artificial situation at the moment. Does anyone have any suggestions how I can plan (or estimate) a budget for the future so I'll know how much I can afford to spend on mortgage payments?

Many thanks in advance
Newlife

VIGILANT22

try using this as a guide

http://mortgagetools.lloydstsb.com/calc_budget_planning.asp

getmore4less

Start with the bills when you were living in a house,

Talk to your parents about their bills and what they think.