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Looking for a home can be an exciting time. However, for an effective search, you will need to know how much you can afford.
Designed for Canadians, our Home Budget Calculator is a great way to look carefully at all your monthly expenses and see how making changes to your spending can have a impact on the home you can reasonably afford.
For current homeowners, the Home Budget Calculator provides a way to assess spending patterns – a good first step to identifying areas for improvement and making positive changes.
For most of us, managing one's monthly budget can be a challenge. One of the most important aspects of controlling your budget is to figure out where your money is going each month. Our Home Budget Calculator helps you take control and do just that.
In the Expenses Calculation section, you can input details on many different types of common expenses, including insurance, utilities, other household costs and so on. The Paycheque Calculation section allows you to account for typical paycheque deductions such as CPP and EI payments.
With the Home Budget Calculator you can view at a glance your monthly expenses and an overview of your monthly income. For a more detailed picture of your cashflow and expenses, click on "View Report" for a detailed home budget, including a breakdown of your income, a detailed listing of your expenses, and a summary section.
If you're looking to buy a home, or renew or refinance an existing mortgage, this calculator can give you a head start when it comes to mortgage decision making. An Invis mortgage broker can provide you with expert advice on the mortgage that suits your lifestyle and also your goals.