Housing allowance worksheet 2025

1. Click ‘Get Form’ to open the housing allowance worksheet in the editor.
2. Begin by entering your organization name and the year at the top of the form. This sets the context for your worksheet.
3. Fill in the Minister’s Name to identify who the housing allowance applies to.
4. In the 'Regular Monthly Expenses' section, input your monthly house payment or rent, including all relevant costs such as principal, interest, PMI, taxes, and insurance.
5. Continue filling out average monthly utility bills: electric, natural gas or LP gas, water/sewer, trash collection/recycling, and phone bill. Ensure you only include one landline phone.
6. Calculate and enter the subtotal of regular monthly expenses. Multiply this by 12 to find your annual total of regular monthly expenses.
7. Next, list any additional annual expenses related to general maintenance and upkeep. Include costs for cleaning supplies, lawn care, repairs, home additions, furniture purchases, and closing costs.
8. Sum up all annual expenses and calculate your grand total of estimated annual housing expense at the bottom of the form.
9. Finally, sign and date the document to complete it before saving or sharing it through our platform.

Start using our platform today for free to streamline your housing allowance worksheet process!