Monthly Cash Flow Calculator

Use this tool to develop a clear picture of your monthly cash flow. It can help you identify your fixed, variable and discretionary costs and show you whether you have a surplus or shortfall at the end of the month. Should you be looking for lending solutions to achieve your goals, your results screen will show you how much debt you may be able to comfortably take on.

Income

Edit ...

Total Income:
$

Salary

After deductions for taxes, Old Age Security (OAS) and Employment Insurance (EI) and any contributions to a company pension or the Canadian Pension Plan (CPP)

Salary

Other income

Investment, rental or business income

Income

Total Income:
$

Expenses - Fixed

Edit monthly expenses (fixed)

Total Expenses - Fixed:
$

Housing Costs

Mortgages, rent, condo/maintenance fees, property taxes, lawn care and supplies, snow removal, renovations, cleaning

Housing Costs

Utilities

Gas, water, electricity, heat, sewage

Utilities

Home Services

Home and mobile phone, internet, cable, home security

Home Services

Insurance

Car, home, life, disability, medical/health

Insurance

Child Care

Daycare, nanny, child support

Child Care

Loans, Lines of Credit and Credit Cards

Monthly payments on existing credit

Loans, Lines of Credit and Credit Cards

Long Term Savings

Pension, RSP, TFSA, RESP

Long Term Savings

Other Fixed Expenses

Payroll deductions (if not already included elsewhere), pension, charitable donations, alimony

Other Fixed Expenses

Total Expenses - Fixed:
$

Expenses - Variable & Discretionary

Edit monthly expenses (variable and discretionary)

Total Expenses - Variable & Discretionary:
$

Groceries

Entertainment

Dining out, movies, concerts, streaming media and other digital subscriptions

Entertainment

Transportation

Car lease/loan payment, gas, transit, service/repairs, parking, ride-hailing/taxi

Transportation

Personal care

Clothing, gifts, hair care, fitness and wellness memberships, sport and leisure activities

Personal care

Education

Tuition, books, exam fees

Education

Other Variable Expenses

Uninsured medical expenses, pet expenses, dry cleaning, subscriptions

Other Variable Expenses

Other Discretionary Expenses

Donations, vacations, electronics

Other Discretionary Expenses

Total Expenses - Variable & Discretionary:
$

Calculate

Results

Income

Salary

After deductions for taxes, Old Age Security (OAS) and Employment Insurance (EI) and any contributions to a company pension or the Canadian Pension Plan (CPP)

Salary

Other income

Investment, rental or business income

Income

Expenses - Fixed

Housing Costs

Mortgages, rent, condo/maintenance fees, property taxes, lawn care and supplies, snow removal, renovations, cleaning

Housing Costs

Utilities

Gas, water, electricity, heat, sewage

Utilities

Home Services

Home and mobile phone, internet, cable, home security

Home Services

Insurance

Car, home, life, disability, medical/health

Insurance

Child Care

Daycare, nanny, child support

Child Care

Loans, Lines of Credit and Credit Cards

Monthly payments on existing credit

Loans, Lines of Credit and Credit Cards

Long Term Savings

Pension, RSP, TFSA, RESP

Long Term Savings

Other Fixed Expenses

Payroll deductions (if not already included elsewhere), pension, charitable donations, alimony

Other Fixed Expenses

Expenses - Variable & Discretionary

Groceries

Entertainment

Dining out, movies, concerts, streaming media and other digital subscriptions

Entertainment

Transportation

Car lease/loan payment, gas, transit, service/repairs, parking, ride-hailing/taxi

Transportation

Personal care

Clothing, gifts, hair care, fitness and wellness memberships, sport and leisure activities

Personal care

Education

Tuition, books, exam fees

Education

Other Variable Expenses

Uninsured medical expenses, pet expenses, dry cleaning, subscriptions

Other Variable Expenses

Other Discretionary Expenses

Donations, vacations, electronics

Other Discretionary Expenses

Results

You have a monthly surplus of $

With the extra cash you have every month, you have a few options. For instance, you could use your surplus cash to make one of your goals a reality sooner than you thought, apply it to any existing credit balances, which will help pay down your debts faster or build up an emergency fund. If you choose to borrow to realize one of your goals, you can use this additional amount to make a monthly loan payment. And if you just want to use your excess cash flow to do more of the things you love? Go for it.

Monthly Totals

Total Income	$
Total Expenses (Fixed, Variable, and Discretionary)	$
Total Cashflow	$

Edit

An RBC® credit specialist can work with you to:

Help you achieve your short-term and long-term financial goals.
Set and prioritize financial goals and establish a timeline for reaching them.
Borrow funds for a personal goal and use your excess cash flow to cover the loan payment.

Let's Connect. We'd Love to Help.

Call 1-855-834-1782 to talk to a credit specialist

Visit an RBC branch

Result

You have a monthly shortfall of $

While you don’t have excess cash flow right now, this calculator should help you spot where you can cut down on variable, fixed and discretionary expenses. Most importantly, your income should exceed your fixed expenses – when this is the case, you can feel comfortable that you can look after your basic needs. Then you can look at ways to reduce your other expenses.

Monthly Totals

Total Income	$
Total Expenses (Fixed, Variable, and Discretionary)	$
Total Cashflow	$

Edit

An RBC credit specialist can work with you to:

Create a budget or review an existing one, providing advice on ways to cut costs
Consolidate debt if possible, and lower monthly payments

Let's Connect. We'd Love to Help.

Call 1-855-834-1782 to talk to a credit specialist

Visit an RBC branch

Personal lending products are subject to Royal Bank of Canada's standard credit criteria.

This calculation is based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. You should speak with your professional accountant or other professional advisors before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account.

Royal Bank of Canada does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator. Royal Bank of Canada will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results.