How to fill a Financial assessment?

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.

Updated on: 28/03/2025