When I was buying my first home, I struggled to understand how my savings decisions would affect what I could afford. I set out to build the tool I wish I had. WealthTemple projects your finances into the future, helping you answer questions like “what home price will I afford?” and “what age can I retire?”. It’s simple enough for anyone to use, completely private, free, and tailored specifically to the UK.
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Maker
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Hey everyone,
When I was buying my first home, I was continually checking various mortgage comparison websites and government tax calculators to determine what house price I could afford.
I wished I had some way of putting my information into a tool that would simulate how my savings would grow, particularly showing various house prices and what they would cost a month versus my rent.
After I moved into my new house, I had frequent train commutes I would spend hours killing time. I decided to put that time to use, building the tool I wish I had. It started out as simple salary entry with a calculator, and since expanded to include surveys, explanations, projections and multiple areas (homes, loans, pay, retirement).
I thought I'd share it with the hope it helps someone else. Appreciating any feedback!