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Grand Rapids Real Estate Listings, Homes for Sale, Home Buying, Home Selling

616-292-7263

 

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.
 

INCOME
Take Home Pay (all family members)
Child Support/Alimony
Pension/Social Security
Disability/Other Insurance
Interest/Dividends
Other
Total Income
 

 

EXPENSES
Rent/Mortgage (include taxes, principal, and insurance)
Life Insurance
Health/Disability Insurance
Vehicle Insurance
Homeowner’s or Other Insurance
Car Payments
Other Loan Payments
Savings/Pension Contribution
Utilities (gas, water, electric, phone)
Credit Card Payments
Car Upkeep (gas, maintenance, etc.)
Clothing
Personal Care Products (shampoo, cologne, etc.)
Groceries
Food Outside the Home (restaurant meals and carryout)
Medical/Dental/Prescriptions
Household Goods (hardware, lawn, and garden)
Recreation/Entertainment
Child Care
Education (continuing education, classes, etc.)
Charitable Donations
Miscellaneous
Total Expenses
 
Remaining Income After Expenses
(Subtract Total Income from Total Expenses)

Westbrook Realty • 5673 Far Hill Dr. SE • Grand Rapids, MI 49546 • 616-292-7263

Copyright © 2012. All Rights Reserved.
Equal Housing Opportunity. Equal Opportunity Employer. Equal Housing

Westbrook Realty does business in the state of Michigan.
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