Free 2027 Budget Calculator (50/30/20, Debt + Savings)

1. Monthly income (after tax)

Take-home pay Side income Other income

Total income$0

2. Monthly expenses

Needs (50%)

Rent / mortgage Utilities + phone Groceries Transportation Insurance + medical Minimum debt payments

Wants (30%)

Dining out + fun Subscriptions Shopping + other

Savings + extra debt payoff (20%)

Savings deposits Extra debt payments

Total expenses$0

Left over$0

3. Your 50/30/20 split

Bucket	Target	You	Diff

4. Debt payoff estimate

Total debt balance Average APR % Monthly payment

Leave payment blank to use your minimum + extra debt payments from step 2.

5. Savings goal timeline

Goal amount Already saved Monthly deposit Savings APY %

Leave deposit blank to use your savings deposits from step 2.

Want the full planners?

This free calculator is a quick start. The paid spreadsheets from LB3 Trackers go deeper (Excel and Google Sheets, no macros):

Money Planner Bundle: 6 budget and savings templates, $15 (they're $37 bought one by one). Code NEWYEAR27 takes 20% off the bundle through Jan 15, 2027.
Debt Payoff Planner: plan snowball or avalanche payoff debt by debt.
Paycheck Budget Planner: give every paycheck a job.

See the Money Bundle

How to use this 2027 budget calculator

Start with your monthly take-home pay, not your salary before tax. Then fill in what you actually spend. The calculator compares your spending with the popular 50/30/20 rule: about half of income for needs, 30% for wants and 20% for savings and extra debt payments.

The 50/30/20 rule is a starting point, not a law. If rent takes 40% of your income, your needs bucket will run high, and that's normal in many cities. Use the gap column to find one or two changes you can actually keep.

Your numbers are saved only in this browser, so you can come back later. Click Print my summary for a one-page sheet with space to write your three money goals for 2027.

More free tools: debt payoff calculator (snowball vs avalanche), 50/30/20 budget calculator, savings goal calculator and Christmas budget planner.

Questions

Is this budget calculator really free?

Yes. There is no sign-up and nothing to install. Optional paid spreadsheets are linked if you want more detail.

Is my data saved or shared?

Your numbers are stored only in your own browser's local storage so you can return later. Nothing is sent to a server.

What is the 50/30/20 rule?

Spend about 50% of take-home pay on needs, 30% on wants and 20% on savings and extra debt payments.

Bundle: the 2027 Fresh Start Finance Bundle ($15) has the 2027 Annual Budget, 2027 Net Worth Tracker and Tax Document Organizer spreadsheets. Bought separately they are $22. Made with AI assistance.

Want a full spreadsheet instead? LB3 Trackers makes simple Excel and Google Sheets planners with no macros. The Money Planner Bundle has 6 budget and savings templates for $15. Use code NEWYEAR27 for 20% off through Jan 15, 2027. Browse the whole store.