Home Budget Analysis

Managing your monthly budget can be difficult and frustrating. One of the most important aspects of controlling your budget is to determine where your money is going. This calculator helps you do just that. By entering your income and monthly expenditures, you can see how much you have left to save and where your money is being spent. In addition, you can click the "View Report" to see your entries results in detail, which can help identify areas for improvement.

Monthly expenses of TOTAL_EXPENSES leave you with TOTAL_AVAILABLE_FOR_SAVINGS available for savings

**GRAPH**
Your total monthly expense is TOTAL_EXPENSES
 Your Payments
Mortgage and debt%Amount
House paymentPERCENT_HOUSE_PAYMENTYOUR_HOUSE_PAYMENT
Auto paymentPERCENT_AUTO_PAYMENTYOUR_AUTO_PAYMENT
Second auto paymentPERCENT_AUTO_PAYMENT_2YOUR_AUTO_PAYMENT_2
Credit card paymentsPERCENT_CREDIT_CARD_PAYMENTSYOUR_CREDIT_CARD_PAYMENTS
MSG_YOUR_ADDITIONAL1PERCENT_ADDITIONAL1YOUR_ADDITIONAL1
TotalPERCENT_DEBT_PAYMENTSYOUR_DEBT_PAYMENTS
Utilities%Amount
ElectricityPERCENT_ELECTRICYOUR_ELECTRIC
GasPERCENT_GASYOUR_GAS
Sewer and waterPERCENT_SEWERYOUR_SEWER
CablePERCENT_CABLEYOUR_CABLE
TelephonePERCENT_TELEPHONEYOUR_TELEPHONE
InternetPERCENT_INTERNETYOUR_INTERNET
TotalPERCENT_UTILITIESYOUR_UTILITIES
Food and General Expenses%Amount
FoodPERCENT_FOODYOUR_FOOD
Auto gas and maintenancePERCENT_AUTOYOUR_AUTO_GAS_AND_MAINTENANCE
General merchandisePERCENT_GENERAL_MERCHANDISEYOUR_GENERAL_MERCHANDISE
DonationsPERCENT_DONATIONSYOUR_DONATIONS
Religious donationsPERCENT_CHURCHYOUR_CHURCH
TotalPERCENT_FOOD_GENERALYOUR_FOOD_GENERAL
Insurance%Amount
AutoPERCENT_AUTO_INSURANCEYOUR_AUTO_INSURANCE
LifePERCENT_LIFEYOUR_LIFE
HealthPERCENT_HEALTHYOUR_HEALTH
HomePERCENT_HOME_INSURANCEYOUR_HOME_INSURANCE
TotalPERCENT_INSURANCEYOUR_INSURANCE
Home maintenance, medical, childcare, etc.%Amount
Home maintenancePERCENT_HOME_MAINTAINCEYOUR_HOME_MAINTAINCE
Medical expensesPERCENT_MEDICALYOUR_MEDICAL
Travel and entertainmentPERCENT_TRAVEL_AND_ENTERTAINMENTYOUR_TRAVEL_AND_ENTERTAINMENT
Gift expensePERCENT_GIFT_EXPENSEYOUR_GIFT_EXPENSE
Bank service chargesPERCENT_BANK_SERVICE_CHARGEYOUR_BANK_SERVICE_CHARGE
School or daycarePERCENT_SCHOOL_OR_DAYCAREYOUR_SCHOOL_OR_DAYCARE
MSG_YOUR_ADDITIONAL2PERCENT_ADDITIONAL2YOUR_ADDITIONAL2
TotalPERCENT_MIXEDYOUR_MIXED
Total expensesPERCENT_TOTAL_EXPENSESTOTAL_EXPENSES
Total available for savingsPERCENT_AMOUNT_ABLE_TO_PUT_INTO_SAVINGSTOTAL_AVAILABLE_FOR_SAVINGS

Income and paycheck deductions

**GRAPH**
Your net monthly income is NET_MONTHLY_INCOME
 YouYour Spouse
Your incomeYOUR_INCOME INCOME_PAID_TEXTSPOUSE_INCOME SPOUSE_PAID_TEXT
Federal tax withholdingFEDERAL_TAX_WITHHOLDINGSPOUSE_FEDERAL_TAX_WITHHOLDING
State tax withholdingSTATE_TAX_WITHHOLDINGSPOUSE_STATE_TAX_WITHHOLDING
Local tax withholdingLOCAL_TAX_WITHHOLDINGSPOUSE_LOCAL_TAX_WITHHOLDING
Other taxes and withholdingOTHER_TAXES_AND_WITHHOLDINGSSPOUSE_OTHER_TAXES_AND_WITHHOLDINGS
F I C AFICASPOUSE_FICA
MedicareMEDICARESPOUSE_MEDICARE
Insurance and benefitsINSURANCE_AND_BENEFITSSPOUSE_INSURANCE_AND_BENEFITS
Company retirement savings planCOMPANY_SAVINGS_PLANSPOUSE_COMPANY_SAVINGS_PLAN
Net CheckNET_CHECKSPOUSE_NET_CHECK
Other incomeOTHER_INCOME OTHER_INCOME_PAID_TEXTSPOUSE_OTHER_INCOME SPOUSE_OTHER_INCOME_PAID_TEXT
Break down of your annual gross income of YEARLY_GROSS_INCOME
Total taxesPERCENT_TAXES_PAIDYEARLY_TAXES per year
Company benefitsPERCENT_COMPANY_BENEFITSYEARLY_PAID_FOR_COMPANY_BENEFITS per year
Company retirement savings planPERCENT_COMPANY_SAVINGS_PLANYEARLY_PAID_INTO_COMPANY_SAVINGS_PLAN per year
Expenses paidPERCENT_EXPENSES_PAIDYEARLY_EXPENSES per year
Available for savingsPERCENT_AVAILABLE_FOR_SAVINGSYEARLY_AVAILABLE_FOR_SAVINGS per year
Debt ratioDEBT_RATIO 

Home Budget Analysis Definitions

Your income
Your total gross income from your paycheck.
Other income
Any other income that you receive including bonuses, alimony, child support or income from a business.
Federal tax withholding
Total amount withheld for federal taxes. Enter this amount from your pay stub.
State tax withholding
Total amount withheld for state taxes. Enter this amount from your pay stub.
Local tax withholding
Total amount withheld for local taxes. Enter this amount from your pay stub.
Other taxes and withholding
Total amount withheld for any other taxes or miscellaneous item. Enter this amount from your pay stub.
FICA
Total withheld for FICA (Federal Insurance Contributions Act) is based on the gross income on your paycheck.
Medicare
Total withheld for Medicare based on the gross income on your paycheck.
Insurance and benefits
Total amount withheld for insurance and benefits by your employer. Enter this amount from your pay stub.
Company retirement savings plan
Total amount withheld from your paycheck that is deposited into a company retirement savings plan such as a 401(k) or 403(b).


The Best Financial Calculators Anywhere!

Put them on your website!

© 1998-2014 KJE Computer Solutions, LLC
Financial Calculators at http://www.dinkytown.net
(612) 331-2291
1730 New Brighton Blvd. PMB #111
Minneapolis, MN 55413