What price range can you afford?

 

Complete the following schedule of assets and liabilities and send to Farms 4 Sale who can help you determine what price range you can afford.

 

Statement of Assets and Liabilities for Mr/Mrs

 

Date:

 

Assets

R

 

 

House/property/farm (Area/Suburb/size/no of b/rooms)                       

 

 

 

Household furniture/Personal Affects                                                                            

 

 

 

Vehicles, machinery or equipment (Make, Model, Year)                

 

 

 

Cash n the bank (Name of Bank and Account type)                                   

 

 

 

Total Assets   (A)                                                                                          

 

 

Liabilities

R

 

 

House/property/farm mortgage bond     (Name of bank)              

 

Vehicle, machinery or equipment Hire Purchase (bank)                          

 

Furniture loans (Name of Company, O/Bal owing)                                   

 

Clothing loans (Name of Company, O/Bal owing)                                   

 

Bank (overdraft, loans, credit card, O/Bal owing)                                                              

 

 

 

Total Liabilities  (B)                                                                                      

 

 

Nett Assets    (A minus B)                                                               

R

 

Notes to explain all of above:

For house, property, farm, vehicle, machinery and equipment loans please provide details of

  • Description of item financed
  • Original loan amount (R)
  • Interest rate (%)
  • Original term of loan (months)
  • Outstanding balance owing (R)
  • Remaining term of loan (months)
  • Instalment amount (monthly)