Net Worth Calculations
|
Assets
- What You Own
Description/Details |
Value |
Homes,
Property |
$
______________ |
Vehicles
(Year/Make) |
$
______________ |
Investments
(GICs, RRSP's) |
$
______________ |
Savings,
Bonds |
$
______________ |
TOTAL |
$
___________ |
|
Liabilities
- What You Owe
Description/Details |
Balance
Owing |
Monthly
Payments |
Mortgages |
$
______________ |
$
______________ |
Personal
or Other |
$
______________ |
$
______________ |
Loans,
e.g. auto |
$
______________ |
$
______________ |
Credit
Cards |
$
______________ |
$
______________ |
TOTAL |
$
______________ |
$
______________ |
Net Worth = $___________
(Assets Minus Liabilities)
|
|
Follow
these steps to find your price range
Income
|
Value
|
Your
Gross Annual Salary |
$______________
|
Your
Spose's Gross Annual Salary |
$______________
|
Other
Income |
$______________
|
TOTAL |
$___________
|
Multiply
this gross income total by
2.5 to find out the approximate price
you can afford |
$___________
|
|