Borrower Budget

All HFLA loan applicants are required to complete the Borrower Budget prior to having their application reviewed.

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1
Application #
Loan #
Last Name
First Name

Answer below fields in numbers ONLY

Income
Employment Incomeafter deductions
Income from Tenant
CPP or Other Benefits
Any Other Sources of IncomeEx. disability payments, allowance from family, etc.

Total Gross Monthly Income: $[Field3 + Field42 + Field5 + Field40]

Expenses
Rent/Mortgage
Property Taxes
Home Insurance
Hydro
Gas (Fortis)
Home Phone
Cell Phone
Cable/Internet
Vehicle Expensesgas, monthly payments, insurance, maintenance, repairs, etc.
Foodgroceries, restaurants, etc.
Clothing
Incidentals
Childcare
School Tuitionfor dependents/self
Health/Life Insurance
Pets
Student Loan
Line of Credit Payments
Credit Card 1 Debt
Credit Card 2 Debt
Other Credit Card Debt
Other Loansfrom friends, family, etc.
Any Other ExpensesEx. travel, textbooks, dental/medical procedures, etc.

Total Monthly Expenses: $[FIELD9 + FIELD10 + FIELD16 + FIELD11 + FIELD12 + FIELD13 + FIELD14 + FIELD17 + FIELD15 + FIELD18 + FIELD19 + FIELD20 + FIELD21 + FIELD22 + FIELD23 + FIELD24 + FIELD25 + FIELD26 + FIELD27 + FIELD28 + FIELD29 + FIELD30 + FIELD46]

Net Monthly Income: $[FIELD43 - (FIELD9 + FIELD10 + FIELD16 + FIELD11 + FIELD12 + FIELD13 + FIELD14 + FIELD17 + FIELD15 + FIELD18 + FIELD19 + FIELD20 + FIELD21 + FIELD22 + FIELD23 + FIELD24 + FIELD25 + FIELD26 + FIELD27 + FIELD28 + FIELD29 + FIELD30 + FIELD46)]

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