Mortgage Calculator: Budget

This calculator will compare and your monthly income with your monthly spending habits so that you can figure out your budget. The difference between your income and expenses are computed.

       

  Step 1: Monthly Income 
Salary/wages (after taxes): $   Interest or Dividends: $  
Social Security Income: $   Other Income: $  
  Total Monthly Income: $  
 

 Step 2: Monthly Expenses - Housing 
Mortgage Payment: $   Water/Garbage: $  
Heat/Electricity: $   Telephone: $  
Property taxes: $   Cable: $  
Home Maintenance: $   Miscellaneous: $  
Total Monthly Housing Expenses: $  

 Step 3: Monthly Expenses - Insurance and Food 
Auto Insurance: $   Home Insurance: $  
Life Insurance: $   Health insurance: $  
Supermarket: $   Restaurants: $  
Miscellaneous insurance: $   Miscellaneous food: $  
Total Monthly Insurance and Food Expenses: $  
 

 Step 4:  Monthly Expenses - other 
To savings: $   Clothing: $  
Debt Payments (credit cards, loans): $   Transportation
 (car loan, gas, repairs, etc.): $		  
Child Care: $   Recreation/Vacation: $  
Gifts: $   Education: $  
Medical/Dental: $   Newspaper/Magazines $  
Videos/CD's/Tapes: $   Personal Services: $  
Alcohol/Tobacco: $   Children's Expenses: $  
Charity/Church/Giving: $   Miscellaneous: $  
Total Other Monthly Expenses: $  
 

 Step 5:  Monthly Totals 
 
  Total Monthly Income: $  
  Total Monthly Expenses: $  
  Difference
(Total Income - Total Expenses): $		  
 

Click the calculate button for the monthly difference between debts and income.

Calculate