New Graduate Budget Calculator

First-job budget with student loan payments, rent, and 50/30/20 allocation on entry-level salary.

Annual gross salary ($)

Student loan payment/mo ($)

Rent/month ($)

Effective tax rate (%)

Student loan balance ($)

Tab to move between fields

Monthly take-home ($)

$3,438

After rent & loans ($)$1,888

Needs budget ($)$1,719

Wants budget ($)$1,031

Savings budget ($)$688

Months to debt-free110

Emergency Fund Target10,314

Rent To Income Ratio35%

How to Use This Calculator

Enter your first-job monthly net salary after taxes and benefits deductions.
Input student loan payment using the standard 10-year repayment schedule.
Set housing cost — aim for 30% or less of gross monthly income.
Add other fixed and variable expenses: transportation, food, utilities, subscriptions.
Review surplus and allocate at least 10% to emergency fund and retirement contributions.

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