Royal Bank of Canada does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator.
You should speak with your professional accountant or other professional advisors before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account. This calculation is based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. Personal lending products are subject to Royal Bank of Canada's standard credit criteria. Consolidate debt if possible and lower monthly payments.Create a budget or review an existing one, providing advice on cost-savings.Total Expenses - Variable & DiscretionaryĪn RBC ® credit specialist can work with you to: Other Discretionary Expenses (donations, vacation, etc) Other Variable Expenses (Uninsured Medical, Pet expenses including veterinarian, Tuition/fees/books, dry cleaning, subscriptions, etc) Personal care (clothing, gifts, salon, memberships, sport & leisure activities, etc)
Transportation (car lease/loan payment, gas, transit, service & repairs, parking, license & registration, etc) Monthly Expenses - Variable & DiscretionaryĮntertainment (dining out, movies, concerts, shows, etc) Other Fixed Expenses (Payroll deductions -if not already included elsewhere - insurance, pension, RSP, charitable donations. Long Term Savings (Pension, RSP, TFSA, RESP, etc) Loans, Lines of Credit and Credit Cards (monthly payments on existing credit) Insurance (auto, home, life, disability, medical/health)Ĭhild Care (daycare, nanny, child support, etc) Blank Budget Template Printable from Mom Managing Chaos 6. Simple Monthly Budget Worksheet from Gathering Dreams 5. Simple Budget Template For College Students from College Life Made Easy 4. Printable Budget Sheet from Printable Crush 3.
Home Services (home and mobile phone, cable/internet, satellite radio, home security, etc) Free Printable Budget Templates from Savvy Budget Boss 2. Utilities (gas, water, electric, heat, sewer etc) mortgages, rent, condo/maintenance fees, property taxes, lawn care and supplies, snow removal, renovations, cleaning and supplies, etc)
Monthly Salary (after deductions for taxes, company pensions, CPP, OAS, EI) You'll be able to determine how much debt you can comfortably afford in order to achieve your goals. Use this tool to help give you a clear picture of your cash flow.