RightFigures

Personal Finance

Monthly budget calculator

Add take-home income, the expenses you enter, and a savings amount, then see what is left. A share of income is not a spending target.

Free to useNo sign-upCalculated in your browser

Income, expenses and savings

US dollars

$0.00–$100,000,000.00. This is not a tax calculation.

US dollars

$0.00–$100,000,000.00. Enter a debt payment once.

US dollars

$0.00–$100,000,000.00. Use 0 if this category is zero.

US dollars

$0.00–$100,000,000.00.

US dollars

$0.00–$100,000,000.00.

US dollars

$0.00–$100,000,000.00.

US dollars

$0.00–$100,000,000.00. Do not also include this payment in housing or transportation.

US dollars

$0.00–$100,000,000.00.

US dollars

$0.00–$100,000,000.00. Savings is not part of spending.

Your amounts stay in this browser.

Enter take-home income, each expense, and the savings amount, then calculate. Use 0 for a category you want at zero.

What is left after spending and savings

Add the monthly amounts you enter for housing, utilities, groceries, transportation, insurance, debt payments, and other expenses. That sum is spending. Savings is separate. Remaining cash flow is take-home income, minus spending, minus savings. The remainder is exact cents, and it can be negative.

A share of income is that line divided by take-home income, rounded half up on its own to the hundredth of a percent. The shares are not forced to add to 100%. The unallocated remainder is not a share. $3.00 of income split into three $1.00 lines is 33.33% three times, and those shares add to 99.99%.

This is not the debt-to-income calculator, which divides debt payments by gross income. It is not the emergency fund calculator, which divides savings by essential expenses. It does not estimate a home price, a tax bill, or a recommended split such as 50/30/20. Take-home income is the amount you enter.

The Consumer Financial Protection Bureau’s monthly budget worksheet is a place to list income and expenses. Assess your spending discusses looking at where money goes. Neither page defines the shares on this calculator.

$5,000 of take-home income

$5,000.00 of income, with housing $1,500.00, utilities $200.00, groceries $400.00, transportation $300.00, insurance $150.00, debt payments $250.00, other expenses $100.00, and savings $500.00, has $2,900.00 of spending. Remaining cash flow is $1,600.00. Housing’s share is 30.00%. The entered lines, including savings, account for 68.00% of income. The other 32.00% is unallocated and is not a share.

$100.00 of income, $40.00 of housing, and $70.00 of savings leaves -$10.00. Spending and savings are $10.00 more than income. $0.00 of income with $10.00 of housing also leaves -$10.00, and no shares are shown.

Enter a debt payment once

Housing, transportation, and debt payments are separate lines. The page cannot tell whether a mortgage was typed under housing and again under debt. Enter that payment on one line. A blank line is not zero. Use 0 for a category you want at zero.

Frequently asked questions

Does a share tell me what to cut? No. A share describes the amount you entered. It is not a target, and this page does not say which expense to reduce.

Why can the shares add to less than 100%? Each line is rounded separately. Money you did not assign to a line is not given a share, and the rounded shares are not adjusted to total 100%.

Sources & review

Last reviewed: . The formula is reproduced above so you can check the math independently.

Educational estimate only. This page does not calculate tax or tell you what to cut.