Tracking your savings is crucial for financial success. It provides a clear picture of your progress towards financial goals, highlights areas for improvement, and encourages responsible spending - all of which can help you on your way to homeownership.
What is the MyMAB app and how can it help me track my savings?
The MyMAB app is designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, moving, need to review your current mortgage, or you’re a landlord and want to review your finances. Features include:
Tailored savings plans
Creating your own tailored savings plan is one of the key features of the app. You can input existing savings, plan out projected savings, and pinpoint when you’d like to buy a house. It also highlights how much you’ll need to save each month to meet your goal of saving for a deposit, and lets you know if you’re on track.
Affordability tool
The MyMAB app offers an affordability tool that can help you review exactly what you can afford. This in-depth, easy-to-use tool allows you to input your budget, deposit goals, where you are with your savings already, where you want to live, and how soon you’d like to buy your house.
Expert advice
The app also offers a range of expert articles tailored to your homebuying journey. Topics include saving money, maintaining your credit score, buying a property, moving home, and protection.
Help is just a click away
Download our app via the Google Play and Apple app stores, and don’t hesitate to get in touch with our team of advisers when you feel ready to move closer to reaching your homebuying goals.
Important information
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
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