Here is a
simple breakdown of some numbers pre-owned home and an estimate on some expenses that would/could occur per month. I do/did this a lot for people to help them with an idea on budgeting. You can put your numbers in on your spending. IF you buy a pre-owned home with houses running about $100k and put 20% down for 30 years, your payment at 4% would be about $382 per month excluding any mortgage insurance. The bond would be less or $0, taxes would less. You would have to have your auto paid off. Medical insurance/doctors is a key factor. This also does not account for "unexpected" expenses so you should bank at least 5% of your income, or have 4-6 months in savings available.
Just a start
Hope it helps:
AVG MONTHLY BUDGET Monthly Annually
GROSS INCOME 2158.33 25900.00
Monthly Wage 12.02 2083.33 25000.00
Other - OT 0.00 0.00 0.00
Other 0.00 75.00 900.00 Income Tax Return
NET PAY 1854.17 22250.00
Income less Taxes89% 1854.17 22250.00
OT after taxes 0.00 0.00
OTHER 75.00 900.00
Other 75.00 900.00
NET INCOME 1929.17 23150.00
TOTAL EXPENSE 1927.00 23124.00
FIXED 1007.00 12084.00
House - Mrtg 382.00 4584.00 $100k Home w/ 20% down
House - Tax 140.00 1680.00
House - Insurance 60.00 720.00
Bond 0.00 0.00
Amenity Fee 145.00 1740.00
Auto Lease/Loan 0.00 0.00 No payment
Auto - Insurance 80.00 960.00
Medical Insurance 200.00 2400.00
FIXED VARIABLE 635.00 7620.00
House - Utility 135.00 1620.00
House - S/W/T 85.00 1020.00
House - Int/Cbl 75.00 900.00
Cell Phone 65.00 780.00
Auto - Gas 75.00 900.00
Groceries 200.00 2400.00
VARIABLE 140.00 1680.00
Entertainment 20.00 240.00
Meals Out 10.00 120.00
Cash 60.00 720.00
Doctor/Dentist/Prescrip 50.00 600.00
DISCRETIONARY 145.00 1740.00
Clothes 20.00 240.00
Hair/Nails 10.00 120.00
Personal Items 10.00 120.00
House - Expense 25.00 300.00
Classes, Fees 40.00 480.00
Vacation 0.00 0.00
Christmas 20.00 240.00
Gifts 10.00 120.00
Misc. 10.00 120.00
NET SAVINGS 2.17 26.00
% AVG SAVINGS 0.1%