Future monthly income calculator

The Future Monthly Income Calculator is a tool to help students decide how much debt is worth going into to pay for college education and how to budget.  It will help you evaluate your overall student loan debt and make choices about what college to attend, whether or not to live on campus, how much more debt to take on if you are currently in college, if you should purchase a new car or used car, and any number of financial decisions that will impact your future debt.  The calculator is designed to show you what your cash balance will be six months after you graduate when you begin paying back your student loans.

how to calculate Income

how to calculate expenses

expenses

Savings and Investments

Utilities

insurance premiums

Miscellaneous

additional financial links for college students

For more information on planning a budget, click Financial Management