The first step in getting yourself in financial shape to buy a home is to know what you make and what you spend now. List your income and expenses below.
Expenses |
|
Rent/Mortgage |
|
Life Insurance |
|
Health/Disability Insurance |
|
Vehicle Insurance |
|
Homeowners or Other Insurance |
|
Car Payments |
|
Other Loan Payments |
|
Savings/Pension Contribution |
|
Utilities |
|
Credit Card Payments |
|
Car Upkeep |
|
Clothing |
|
Personal Care Products |
|
Groceries |
|
Food Prepared Outside the Home |
|
Medical/Dental/Prescriptions |
|
Household Goods |
|
Recreation/Entertainment |
|
Child Care |
|
Education |
|
Charitable Donations |
|
Miscellaneous |
|
Total Expenses = |
|
Remaining Income After Expenses= |
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Reprinted from REALTOR ® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS ®
Copyright 2005. All rights reserved.
