5. Monthly Net Income Calculation (all amounts to be entered as positive values)
Income
Gross Monthly Salary
Total Allowances
Total Subsidies
Commission (Monthly Equivalent)*
Other Income (Specify Below):
Total Income
* Income that is received on an annual basis should be converted to a monthly equivalent (divided by 12)
Deductions
Income Tax ‐ PAYE
UIF
Medical Aid
Pension Fund Contributions
Garnishees
Other Deductions (Specify Below):
Total Deductions
Expenses
Property Rent *
Water, Electricity & Services
Rates and Taxes
Telephone / Cell / Internet
Insurance ‐ Short Term
Insurance ‐ Life
Medical Expenses
School & Other Education Fees
Transport / Vehicle Costs
Domestic & Gardening Services
Bank Charges
Clothing
Groceries
Security Costs
Maintenance Payments
Other Expenses (Specify Below):
Total Expenses
Available for Distribution **
* Note: Home loan payments and any other payments like vehicle financing should be included in the list of credit providers below
and not duplicated in the Expenses section.
** Note: The available for distribution amount above reflects the funds which are available for a consolidated debt repayment.
1st Applicant
2nd Applicant
1st Applicant 2nd Applicant
2nd Applicant
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NCR Reg No: NCRDC1142
Note: Amounts that are included as deductions should not be included in the Expenses section.
1st Applicant
Net Pay
