HOMEOWNERSHIP BUDGET
Name: _____________________________________________
Total Gross Monthly Income:
$____________
Less Monthly Payroll Deductions:
Federal Income Taxes
___________________
State Income Taxes
___________________
Social Security Taxes
___________________
Insurance (_____________)
___________________
Savings
Retirement Plans (401K, etc)
___________________
Other: _________________
___________________
_________________
___________________
Total Deductions
$__________________
Total Net Income
$_____________
Monthly Expenses
Rent
____________________
Groceries: Food
____________________
Non-Food Household Items
____________________
Monthly Debt Payments*
____________________
Utilities:
Electric
____________________
Gas/Oil
____________________
Water
Telephone
____________________
Cable TV
____________________
Transportation
Fuel
____________________
Insurance
____________________
Maintenance
____________________
Clothing
____________________
Medical (doctor, dentist, medicine)
____________________
Charitable Contributions/Church
____________________
Personal (hair care, nails, etc)
____________________
Entertainment
____________________
Child Care
____________________
Children’s Allowances
____________________
Savings
____________________
Gifts
____________________
Other (be specific)
____________________
Total Monthly Expenses
$___________
Excess/Deficit
(Net income minus total expenses)
$____________
*From Monthly Debt Worksheet