Budget Basics Worksheet
The first step in getting yourself in financial shape to buy a home is to know exactly how much money comes in and how much goes out. Use this worksheet to list your income and expenses below.
Take Home Pay (all family members):
Rent/mortgage (including taxes, principal, and insurance):
Homeowner’s or Other Insurance:
Other Loan Payments:
Utilities (gas, water, electric, phone):
Credit Card Payments:
Car Upkeep (gas, maintenance, etc.):
Personal Care Products (shampoo, cologne, etc.):
Food Outside the Home (restaurant meals and carryout):
Household Goods (hardware, lawn, and garden):
Education (continuing education, classes, etc.):
Remaining Income After Expenses (subtract total income from total expenses):
Reprinted from REALTOR® Magazine Online ((http://realtormag.realtor.org), with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2012. All rights reserved.