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
Total Take-Home Pay
Child Support/Alimony
Pension/Social Security
Disability/Other Insurance
Interest/Dividends
Other
Expenses
Total Rent/Mortgage
Child Support/Alimony
Health Insurance
Life Insurance
Other Insurance
Vehicle Insurance
Vehicle Payments
Vehicle Upkeep
Other Loans
Utilities
Credit Card Payments
Savings/Pension Payment
Groceries
Clothes/Personal Care
Medical/Dental/Prescriptions
Household Goods
Child Care
Education
Charitable Donations
Eating Out
Entertainment
Remaining Income After Expenses (subtract total income from total expenses): _______________________