1. What is your monthly income?

Please use your take home amount after taxes and deductions.

2. What are your monthly recurring expenses?

Include things like utilities, food, insurance, gas, clothing, and entertainment.

You will enter credit card payments, car loans, student loans, and other debt payments later.

3. Do you have a mortgage?

Most people don't think of a mortgage as a debt, but it is. Enter your mortgage details.

If you have more than one mortgage combine the balances and payments and enter the average interest rate.

4. What are your other debts?

These debts include auto loans, credit cards not paid off in full, personal lines of credit, students loans, as well as any other type of debt that is not a mortgage.