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Financial Planning Tool

Budgeting Calculator

Plan your monthly budget and see how much you can save

Get a comprehensive view of your income and expenses. Track where your money goes and identify opportunities to save more for your financial goals.

Monthly Income
Enter your total monthly income before taxes
Total Gross Income:$0.00
Estimated Net Income (after 30% tax):$0.00
Housing
Monthly housing-related expenses
Total Housing:$0.00
Transportation
Monthly transportation expenses
Total Transportation:$0.00
Food
Monthly food expenses
Total Food:$0.00
Debt Payments
Monthly debt obligations
Total Debt Payments:$0.00
Personal
Monthly personal expenses
Total Personal:$0.00
Savings & Investments
Monthly savings and investment contributions
Total Savings:$0.00
Other Expenses
Any other monthly expenses
Total Other:$0.00
Budget Summary
Total Monthly Income:$0.00
Total Monthly Expenses:$0.00
Monthly Surplus/Deficit:$0.00
Savings Rate:0.0%
Budget Health:Poor

How to Use This Calculator

2
Fill in Expenses

Fill in all your monthly expenses by category. Be as accurate as possible for better insights.

3
Review Your Budget

Review your budget breakdown and see your monthly surplus or deficit in the summary panel.

4
Follow Recommendations

Follow the personalized recommendations to improve your budget health and savings rate.

Need Help with Mortgage Planning?

A solid budget is essential for mortgage approval. Our team can help you assess your financial readiness and find the best mortgage options for your situation.

Explore our other calculators:

Mortgage CalculatorAffordability CalculatorRefinance Calculator
Lenderoo

Canada's mortgage platform. We shop 40+ lenders to find your best mortgage and match you with top mortgage professionals — on your side, not the banks.

Ottawa Office
45 O'Connor, Suite 828
Ottawa, ON K1P 1A4
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383 Broadview Ave
Toronto, ON M4K 2M7
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Tel: 613-800-0000
info@lenderoo.com
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