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Financial Outline
This is where you can determine how much you can afford to spend on a new place. The calculations below are on a monthly cadence so the income and expenses entered should be for a typical month. But, feel free to adjust the cadence and/or calculation percentages as you see fit (to update the calculations percentage, you will need to update the percentage in the formula itself and then update the percentage listed on the page). You can also include your recurring bills, like power and water, under expenses to take them into account.
Income
Income Type
Amount
Monthly Paycheck
$3,000.00
There are no rows in this table
$3,000.00
Sum
Expenses
Expense Name
Amount
Groceries
$400.00
Household Essentials
$100.00
Power
$150.00
Internet
$60.00
Transportation
$100.00
Phone
$70.00
There are no rows in this table
$880.00
Sum
Fixed Calculations
Income: $3,000.00
$3,000.00
Expenses: $880.00
$880.00
$2,120.00
$2,120.00
Housing Budget (60%): $1,272.00
$1,272.00
Funds Leftover: $848.00
$848.00
Savings (70%): $593.60
$593.60
Discretionary Funds: $254.40
$254.40
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