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.

Income

- Take Home Pay/All family members

- Child Support/Alimony

- Pension/Social Security

- Disability/Other Insurance

- Interest/Dividends

- Other

Total Income=

Expenses

- Rent/Mortgage (include taxes, principal, and insurance)

- Life Insurance

- Health/Disability Insurance

- Vehicle Insurance

- Homeowners or Other Insurance

- Car Payments

- Other Loan Payments

- Savings/Pension Contribution

- Utilities (gas, water, electric, phone)

- Credit Card Payments

- Car Upkeep (gas, maintenance)

- Clothing

- Personal Care Products (shampoo, shaving cream, etc.)

- Groceries

- Food prepared outside the home (restaurant meals and carry out)

- Medical/Dental/Prescriptions

- Household Goods (hardware, lawn and garden)

- Recreation/Entertainment

- Child Care

- Education (continuing education, lessons for children)

- Charitable Donations

- Miscellaneous

Total Expenses =

Remaining Income After Expenses =