![]() ![]() ![]() If your situation is different, you may want to tweak the sheet for your own needs. My data and formulas use this fact when making calculations. As such, it makes some assumptions with its data – I’m a US-based single taxpayer living in Colorado. The template is simply a copy of the tool that I use for my own financial planning. You can use the SUM formula in your budget for totaling your income and adding your expenses. It allows you to add numbers, cells that contain numbers, or a combination of both. The SUM function is one that you’ll use the most when it comes to finances in Excel. I found it to be a great way to judge how much I’d save by buying my own home.ĭisclaimer: I’ve made every effort to make this sheet as accurate as possible, but I make no guarantees. Add and Subtract Income and Expenses: SUM. You can also compare those costs to your monthly rental, if you’re still renting. It then takes that data and gives you an estimated total monthly ownership cost for up to three different properties. HOA, taxes, insurance, and utility estimates.Download these budget spreadsheets or budget planners. This part of the tool will let you input: A monthly budget template lets you create a system for managing your resources and expenses. There’s also a House Comparison tool built in, which I used when I was looking to buy my first house. ![]() See how much I’ll likely have to pay in taxes.Roughly estimate my income and fixed monthly expenses. ![]()
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