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 money goes out. Use this worksheet below to list your income and expensenses.
Budget Basics Worksheet
| 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 Payment |
|
| Savings/Pensision Contribution |
|
|
Utilities
(gas, water, electric, phone)
|
|
| Credit Card Payments |
|
| Clothing |
|
| Personal Care |
|
| Groceries |
|
Food Outside Home
(restaurant meals, carryout) |
|
