Budget Worksheet
Fixed costs:
Housing
Location: _______________
Selling Price:
____________________ (if new add applicable taxes - 6% GST)
Down Payment:
_____________________
Loan Amount:
______________________
15 Year Mortgage:
Monthly Payment: ___________________
Total Cost of House: __________________
Interest Paid: _______________________
Use interest
25 Year Mortgage:
Monthly Payment: ____________________ rate of
Total Cost of House: ___________________
6.5% fixed
Interest Paid: _______________________
Transportation
Car Selected:
____________________
Selling Price:
________________________ (including taxes)
Down payment:
_________________________
Loan Amount:
_________________________
Monthly Payment:
______________________ for ___________years.
Total Cost of Car:
______________________
Total Interest Paid:
_____________________
Variable Costs:
Food and Utilities
To determine the actual
amounts for the budget talk to your parents or other adults and take the monthly
averages.
Phone
Decide on:
Phone:
_________________
Phone and Internet:
_________________
Phone, Internet, Cell:
_________________
Check advertisements or
contact the company to get info.
Cable
Decide on:
No Cable:
_________________________
Basic Cable:
_________________________
The Works:
_________________________
Check advertisements or
contact the company to get info.
Clothing
Determine the type of
clothing you need to buy for the job and check advertising for what you might
need.
Entertainment
Determine the type of
activities you would like to do each month and what it will cost
Savings
Determine the amount you
will actually be able to save.
Miscellaneous
Identify miscellaneous
items and their costs.
Career Information
Occupation:
________________________________
Yearly
Salary:_______________________________
Education (cost of this will not be included in the budget)
Education required for you chosen career: ____________________