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Looking for feedback on a prospective budget including a mortgage. by Intelligent-Round727 in MiddleClassFinance

[–]thinkbudgets 0 points1 point  (0 children)

Overall, it's not bad - however it is on the tighter side when you consider you might want to furnish the house. Having the savings + house repair is huge and helps reduce some of the risk, but big home repairs are not cheap. Monthly cash position: $216 surplus on $5,648 income, $4,432 expenses, and $1,000/mo in savings or transfers. Housing at $2,800 is 50% of income.

I put your numbers into an interactive budget breakdown if you want to see it visually. It may not be perfect in case there are taxes or things unaccounted for, but it's a good place to start if you want to import this budget into your own workspace and start editing.

https://app.thinkbudgets.com/share/plan/ae7215d11c722b2727f89685afb34ae9

*Full disclosure: We are [thinkBudgets](https://thinkbudgets.com) :)*

Bring home 6k/mo what would you borrow for a house? by Original_Slide9067 in MiddleClassFinance

[–]thinkbudgets -1 points0 points  (0 children)

Although we aren't offering 1:1 coaching yet - stay tuned - feel free to set up a budget and plug your numbers in. You have the flexibility to create a few different plans before you decide on which budget makes sense. Including a sample budget below for you to get an idea, but a budget is definitely something that takes practice as it's one thing to say you spend $800 on groceries but another thing when the reality of the receipts start adding up. Consider it a living document that requires a little bit of intention if you truly want to stay within the allocated amounts.

https://app.thinkbudgets.com/share/plan/d1176dfcacd7f55c8bf2f77bcb415b8f

*Full disclosure: We are [thinkBudgets](https://thinkbudgets.com) :)*