Calculators

Our household budget calculator lets you track exactly where the money goes every month - the first step to cutting back. Before you use this however, it makes sense to spend some time gathering together the pieces of paper you will need, such as pay slips, council tax bills, insurance policies and credit card bills.

  • Life insurance cover calculator
  • Household budget calculator

Our Life Insurance Calculator can help you to work out how much you would need to support your family if you were not around to support them yourself.

You will need to consider your dependants and maintaining your home, so it is worth thinking about the forthcoming years and planning for everyone’s future.


Enter the lump sum your dependants would need to get by if anything happened to you

  £
     

Amount of outstanding mortgage or debts

  £
     

Amount of other outstanding loans not already covered

  £
     

Funeral expenses
(A funeral can cost at least £1,000)

  £
     

Education costs for your children
(University expenses can cost around £5,000 a year)

  £
     

Are there any other expenses you wish to cover?

  £
     

Do you have any other life insurance plans or savings that would provide a lump sum and cover some of the debts above if you died?

  £
     
  
 

ENTER YOUR MONTHLY INCOME

Net monthly pay

£

Pension

£

Income from savings & investments

£

Other Income

£
 

HOUSEHOLD

Mortgage/rent

£

Groceries

£

Clothing (adult)

£

Laundry/dry cleaning

£

Home help

£

Home repairs

£
 

REGULAR BILLS

Council tax

£

Gas/electricity/water

£

Phone/television

£
 

TRANSPORT

Petrol

£

Commuting costs

£

Car costs

£
 

INSURANCE

Life and protection

£

Motor and home

£

Medical

£
 

FINANCE

Pension

£

Regular savings

£
 

CHILDREN

Daycare/nanny

£

Schooling

£

Clothing

£

Treats

£
 

LEISURE

Eating out

£

Cinema

£

Holidays

£

Sports

£

Cigarettes/alcohol

£
 

OTHER BILLS

Credit cards

£

Loan repayments

£

Maintenance

£

Optical/dental costs

£
 
   
 
    Total Income %

Household

£

Regular bills

£

Transport

£

Insurance

£

Monthly income

£
 

Finance

£

Children

£

Leisure

£

Other bills

£

Monthly outgoings

£
 


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