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First time buyer
Sncjw
Posts: 3,595 Forumite
Hi
I’m running through my finances on the mortgage calculator and it asks for information about monthly commitments including credit cards. Now I don’t have a large credit card debt as I just spend on it and pay in full at the end of the month. This leaves no balance left for that month that’s due on it.
Do I still need to put this down because it reduces the amount offered by a long way. It’s just daily spending I put on it and pay it off before due date.
Thank you
I’m running through my finances on the mortgage calculator and it asks for information about monthly commitments including credit cards. Now I don’t have a large credit card debt as I just spend on it and pay in full at the end of the month. This leaves no balance left for that month that’s due on it.
Do I still need to put this down because it reduces the amount offered by a long way. It’s just daily spending I put on it and pay it off before due date.
Thank you
Mortgage free wannabe
Actual mortgage stating amount £75,150
Overpayment paused to pay off cc
Starting balance £66,565.45
Current balance £55,819
Cc debt free.
Actual mortgage stating amount £75,150
Overpayment paused to pay off cc
Starting balance £66,565.45
Current balance £55,819
Cc debt free.
0
Comments
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No, because it's just a payment mechanism. Your spend would be accounted for elsewhere - eg food, petrol, whatever.0
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It’s just on the rough calculatorMortgage free wannabe
Actual mortgage stating amount £75,150
Overpayment paused to pay off cc
Starting balance £66,565.45
Current balance £55,819
Cc debt free.0
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
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