Excel Model: Rent Affordability Calculator

Title: Rent Affordability Calculator

 Description:

 

This spreadsheet is designed to help users determine a suitable rent amount based on their annual income. It includes sections for sources of income and suggested rent based on different affordability percentages.

 

  • Sources of Income: Lists total annual income before tax and provides space to detail different income sources, amounts, and frequency.
  • Suggested Rent: Recommends monthly rent amounts based on 25%, 30%, and 35% of total annual income, along with estimated utilities and maximum housing expenses.

 

Source: Custom Calculator

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