Buying a Home:
Will my budget support a monthly mortgage payment?
Use this worksheet to estimate what you may be able to afford.
Monthly Income After Taxes: $
(All forms of income including government aid, child support, etc.)
Calculate Monthly Expenses (-)
(+)
UTILITIES COST
Electric
Water/Sewer/Gas
Internet/TV/Cable
Phone
Other
TOTAL
$
$$
$
$
$
COST
AUTO
Car Payment
Car Insurance
Gas
Maintenance
Other
TOTAL
$
$$
$
$
$
CHILDREN COST
Child Support
School Lunches
Extracurriculars
Child Care
Other
TOTAL
$
$$
$
$
$
COST
PERSONAL
Groceries
Clothing
Entertainment
Savings
TOTAL
$
$$
$
$
8 VMFHomeLoan.com
/VMFHomeLoan.com