Use the budget calculator below to get a better idea of your true situtation and needs before you begin your home search.
There is no obligation to use this tool. You can even download the results at the bottom of the page to print or have on your device.
House Karma Household Budget Calculator
Take control of your finances and plan for homeownership with confidence
💰 Monthly Income
Total Monthly Gross Income
Include salary, freelance, side hustles, etc.
Monthly Income: $0
🏠 Housing (Target: 25-28% of income)
Rent or Current Mortgage
0%
Include principal, interest, taxes & insurance (PITI)
Property Taxes (estimated)
0%
Usually 1-3% of home value annually
Homeowners Insurance
0%
Protects your home and belongings
HOA Fees
0%
Homeowner association fees (if applicable)
Utilities (electric, water, gas)
0%
Average monthly utility costs
Internet & Cable
0%
Essential connectivity services
Maintenance & Repairs Reserve
0%
Budget 1-3% of home value annually
Housing Subtotal: $0 (0% of income)
🚗 Transportation
Car Payment
0%
Monthly auto loan payment
Gas/Fuel
0%
Weekly fill-ups add up quickly
Car Insurance
0%
Required by law in most states
Repairs/Maintenance
0%
Oil changes, tires, unexpected repairs
Public Transportation
0%
Bus, train, rideshare costs
Tolls & Parking
0%
Daily commute and city parking
Transportation Subtotal: $0 (0% of income)
🛒 Living Essentials
Groceries
0%
Food and household basics
Dining Out / Takeout
0%
Restaurants, coffee, delivery apps
Household Supplies
0%
Cleaning products, toiletries, paper goods
Cell Phone(s)
0%
Monthly wireless plan costs
Clothing & Shoes
0%
Essential wardrobe updates
Living Essentials Subtotal: $0 (0% of income)
💳 Debt Payments
Credit Cards
0%
Minimum payments on all cards
Student Loans
0%
Federal and private education loans
Personal Loans
0%
Bank loans, family loans, etc.
Buy-Now-Pay-Later Accounts
0%
Klarna, Afterpay, store credit accounts
Debt Payments Subtotal: $0 (0% of income)
👨👩👧👦 Family & Kids (if applicable)
Childcare / Daycare
0%
Daycare, babysitter, after-school care
School Tuition or Supplies
0%
Private school, supplies, books
Kids' Activities
0%
Sports, music lessons, camps
Child Support / Alimony
0%
Court-ordered or agreed payments
Family & Kids Subtotal: $0 (0% of income)
🏥 Health & Insurance
Health Insurance Premiums
0%
Monthly premium costs
Out-of-Pocket Medical
0%
Doctor visits, prescriptions, copays
Dental / Vision
0%
Cleanings, eye exams, glasses
Life Insurance
0%
Term or whole life premiums
Health & Insurance Subtotal: $0 (0% of income)
🎯 Lifestyle & Entertainment
Gym Memberships
0%
Fitness clubs, yoga studios
Streaming Services
0%
Netflix, Spotify, gaming subscriptions
Hobbies or Sports
0%
Equipment, lessons, club fees
Vacations / Travel Savings
0%
Monthly amount set aside for trips
Lifestyle & Entertainment Subtotal: $0 (0% of income)
💰 Savings & Financial Goals
Emergency Fund
0%
3-6 months of expenses recommended
Retirement Contributions
0%
401k, IRA, employer matching
Down Payment Savings
0%
Building toward homeownership
Home Maintenance Fund
0%
Future home repairs and updates
Savings & Goals Subtotal: $0 (0% of income)
📦 Miscellaneous
Gifts / Holidays
0%
Birthdays, Christmas, special occasions
Pet Care
0%
Food, vet bills, grooming, supplies
Other Subscriptions
0%
Magazines, apps, online services
Donations
0%
Charitable giving, tithing
Miscellaneous Subtotal: $0 (0% of income)
📊 Budget Summary
Total Monthly Income
$0
Total Monthly Expenses
$0
Remaining Income
$0
Enter your income to see your budget status
