How to fill a Financial assessment?
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- PERSONAL INFORMATION
- First Name: Your given name.
- Last Name: Your family name.
- Phone: Your primary contact number.
- Email: Your email address.
- Date of Birth: Your birthdate.
- Marital Status: Your current marital situation (e.g., single, married, divorced).
- Civic Address: Your current residential address.
- Previous Address: Your prior residential address, if applicable.
- Residency Status: Your legal residency classification (e.g., citizen, permanent resident, temporary resident).
- Monthly Rent Participation: The amount you contribute monthly towards rent, if applicable.
- INCOME
- Current Employer's Name: The name of your present employer.
- Current Employer's Address: The physical address of your current employer.
- Employer Phone Number: Contact number for your employer.
- Job Function: Your role or position within the company.
- Type of Employment: The nature of your employment (e.g., full-time, part-time, contract).
- Employment Status: Your current employment condition (e.g., employed, self-employed, unemployed).
- Monthly Gross Income: Your total monthly earnings before deductions.
- Monthly Net Income: Your total monthly earnings after deductions.
- OTHER INCOME
For each additional income source:
- Source: The origin of the income (e.g., freelance work, rental income).
- Monthly Gross Income: Total monthly earnings from this source before deductions.
- Monthly Net Income: Total monthly earnings from this source after deductions.
- ASSETS
For each asset:
- Name of Institution: The financial institution where the asset is held.
- Type of Investment: The category of the asset (e.g., savings account, stocks, bonds).
- Due Date: Maturity date, if applicable.
- Value: Current monetary worth of the asset.
- REAL ESTATE
For each property:
- Description and Address: Details and location of the property.
- Municipal Assessment: The property's assessed value by the municipality.
- Annual Fees: Yearly costs associated with the property (e.g., property taxes, maintenance fees).
- Percentage Refunded: Any portion of fees or taxes that are reimbursed.
- Value: Current market value of the property.
- LIABILITIES
Loans and Lines of Credit (e.g., personal loans, mortgages, lines of credit)
For each liability:
- Type and Description of Liability: Nature and specifics of the debt.
- Credit Terms: Conditions of the credit agreement, including interest rates and repayment schedule.
- Percentage Refunded: Any portion of payments that are reimbursed.
- Payment: Regular payment amount and frequency.
- **CREDIT CARDS **
For each credit card:
- Issuer: The financial institution that issued the card.
- Limit: The maximum allowable balance on the card.
- Terms: Conditions associated with the card, such as interest rates and fees.
- Payment: Minimum required payment and due dates.
- **OTHER COMMITMENTS **
For each additional financial obligation:
- Type and Description of Liability: Nature and specifics of the commitment (e.g., alimony, child support).
- Credit Terms: Conditions related to the obligation.
- Percentage Refunded: Any portion of payments that are reimbursed.
- Payment: Regular payment amount and frequency.
This structured approach ensures a thorough evaluation of your financial standing, aiding in effective financial planning and decision-making.
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Updated on: 28/03/2025
Thank you!