Calculators

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The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.

Simple Mortgage

Enter your details and select the "Calculate" button.

Loan Amount

Annual Interest Rate

Term of Loan

Years

Calculate

Number of Payments

Monthly Payment*

*This payment does not include amounts for taxes and insurance premiums.

Bi-Weekly Mortgage

This calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year--without hardly noticing the additional cash outflow. But, as your about to discover, you will certainly notice the increased cash flow that will occur when you pay your mortgage off way ahead of schedule!

Enter the principal balance of your mortgage
(call your mortgage lender and ask for the current payoff amount)

Enter the amount of your monthly mortgage payment
(principal and interest portion only)

Enter the your mortgage's current interest rate

Compute Reset

This is how much interest you will pay under your current monthly payment plan

This is how much interest you will pay if you switch to a bi-weekly mortgage payment plan

Bi-weekly Mortgage Interest Savings

Output Area

Mortgage Refinancing

This JavaScript calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs. Note: When entering numbers into the data fields only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error. Also please note that this calculator has been tested to work with Internet Explorer 3.01 and Netscape Navigator 3.01 web browsers. However, both must have the JavaScript option turned on.
Enter the principal balance of your mortgage: (call your mortgage lender and ask for the current payoff amount)
Enter the amount of your monthly mortgage payment:
Enter the your mortgages current interest rate:
Enter interest rate you will be refinancing at:
Enter the number of years you will be refinancing for:
Enter the closing costs that will be required for refinancing: (If you're not sure, multiply your current balance owed by .02 )

This is how much your monthly payment will be if you refinance:
Monthly Savings:
Number of months to break even on closing costs:
This is how much interest you will pay under your current monthly payment plan:
This is how much interest you will pay under your refinanced monthly payment plan:
This is how much interest you will save if you refinance:
Net Refinancing Savings (interest savings less closing costs):

The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made. Using this calculator does not guarantee credit.

Loan Comparison

This calculator will help you to compare the total interest charges of four different loans.

Instructions: To calculate the payment amount and the total interest of any fixed term loan, simply fill in the 3 left-hand cells of the first row and then click on "compute." Use the other three rows to see what effects are produced by changing any one of the loan's original variables.

# of
Payments
Num Payments of First Loan

Interest
Rate
Interest of First Loan

Principal
Principal of First Loan

Monthly
Payment
Monthly Payment of First Loan

Total
Interest
Total Interest of First Loan

Compute
Reset

# of
Payments
Num Payments of Second Loan

Interest
Rate
Interest of Second Loan

Principal
Principal of Second Loan

Monthly
Payment
Monthly Payment of Second Loan

Total
Interest
Total Interest of First Loan

Compute
Reset

# of
Payments
Num Payments of Third Loan

Interest Rate
Interest of Third Loan

Principal
Principal of Third Loan

Monthly
Payment
Monthly Payment of Third Loan

Total
Interest
Total Interest of Third Loan

Compute
Reset

# of
Payments
Num Payments of Fourth Loan

Interest
Rate
Interest of Fourth Loan

Principal
Principal of Fourth Loan

Monthly
Payment
Monthly Payment of Fourth Loan

Total
Interest
Total Interest of Fourth Loan

Compute
Reset

Car Cost Comparison

When buying a car most people fail to consider ALL of the expenses that will be generated by their purchase. And because nearly all car buying scenarios come with different variables (depreciation rates, interest rates, purchase prices, insurance costs, mpg ratings, etc.), it becomes extremely difficult to compare one buying scenario with another...until now that is.

This calculator will not only help you to forecast the REAL COST of buying and owning a car, but it will also help you to more accurately compare the real cost of one car buying scenario with the real cost of a second car buying scenario.

Instructions Shortcut: Fill in all the blanks in the Scenario #1 column and then click on "Compute Purchase & Ownership Costs." This will automatically copy Scenario #1 values into the Scenario #2 column.

Single Scenario Calculation Double Scenario Calculation
Description	Car Buying Scenario #1	Car Buying Scenario #2
Enter the total price of the car, including options:
Enter the applicable sales-tax percentage:
Enter the annual cost of licensing this vehicle:
Enter the cost of the extended warranty, if applicable:
Will you be financing this vehicle? ("y" or "n"):
Enter the amount of your down-payment:
Enter the financing rate (Annual Percentage Rate):
Enter the number of months financed:
Enter annual insurance premium:
Enter the number of miles you expect to drive this car per year:
Enter the vehicle's estimated Miles Per Gallon rating:
Enter the local cost of one gallon of gasoline:
How many years old is the car?:
How many years do you expect to own this car?:
Enter an estimated monthly maintenance and repair cost:

Tax, License, and Extended Warranty Costs:
Depreciation Costs:
Finance Costs:
Insurance Costs:
Fuel Costs:
Maintenance & Repair Costs:
Total cost of buying and owning the car:
Annual cost to own and operate this vehicle:
Cost per mile:
Summary:

Minimum Payment (Credit Card)

This calculator will show you how much MinPayinterest you will end up paying if you make only the minimum required payment on your credit card bill. It will also tell you how many minimum payments you will make before your balance is paid off (up to a maximum of 600 payments).

Instructions: Somewhere in your credit card disclosure statement the card company will tell you something like "your minimum payment will be 2% of the balance or $10, whichever is higher. These are the figures you will enter in Column C and Column D respectively.

Enter the dollar amount charged:	$
Enter the annual interest rate:		%
Enter the minimum percent payment amount:		%
Enter the minimum dollar payment amount:	$

Total interest charges you will pay:	$
Total number of payments you will make:	#
Total number of years until debt is paid off:	#
Estimated foregone interest earnings:	$
Total Estimated Opportunity Cost:	$
Summary:

Debt Investment

Before you go throwing darts on Wall Street, check to make sure you can't earn a higher rate of return simply by investing in your own debt! For example, if you have a credit card balance that's costing you 19% per year, and you increase your payment, you will get a guaranteed 19% return on your investment. What's more, your earnings will be tax-free! So use this JavaScript Calculator to see how much you could be earning if you increased your payment on any one of your debts.

Instructions: Enter the current payment terms for any one of your outstanding debts, then enter an amount you could comfortably add to the payment. Finally, click on "Compute" to see what the return on your investment will be.

Enter the principal balance owed:
Enter the annual interest rate:
Enter the current monthly payment amount:
Enter a monthly amount to add to the current payment:

Current Payoff Term (Months):
Revised Payoff Term (Months):
Time Saved (Months):
Current Interest Cost:
Revised Interest Cost:
Total interest savings (Return on investment):
Guaranteed Annual Rate of Return:

Future Value

This calculator will show you the Forgone interest Earnings that will result after spending a given dollar amount on a non-appreciating, non-necessary purchase.

Initial Investment	Monthly Addition	Interest Rate %	Number of Years		Future Value	Interest Earned

Future Value (Periodic Payments)

This calculator will show you the Forgone interest Earnings that will result after spending a given dollar amount on a non-appreciating, non-necessary purchase.

Initial Investment	Monthly Addition	Interest Rate %	Number of Years		Future Value	Interest Earned

Increase Your Wage

If you work one hour and spend that hour's entire wage on a non-necessary, non-appreciating purchase, you have effectively limited the value of one hour's wage to its face value. On the other hand, if you were to invest all or part of the one hour's wage into an interest earning investment, this would serve to increase that hour's wage by an amount equal to the total interest earned by the investment. In other words, the person who is ultimately responsible for setting your hourly wage rate is not your boss--it's YOU!

The calculator below will calculate the future value of your hourly wage based on the portion invested, the annual rate of return, and the number of years invested.

Hourly Wage

$ Portion Invested

Interest Rate

# of Years

Future Value

Interest Earned

Compute Reset

Output Area

Lifetime Savings

This calculator will show you how much you'll save over the course of your lifetime when permanently switching from any given high priced buying habit (name brand) to its functional, less expensive equivalent (generic). Plus, it will also show you how much interest you could earn if you were to invest all or part of those savings as you realized them. As you're about to see, "a penny saved" can REALLY ADD UP!

Enter your current age

Enter the age you plan on retiring at

Enter the age you expect to live until

Enter the price you are currently paying for a higher priced name-brand product or service

Enter the price of a lower-priced functional equivalent (generic)

Enter the number times you purchase this item per month

Savings Per...

Purchase

Month

Year

Retire

Lifetime

Enter the average annual interest rate you might expect to earn if you were to deposit these savings into an investment as they were realized

This is how much your investment will be worth at retirement age

This is how much you would be able to withdraw from your investment during each month of your expected retirement

This is the total future value of your invested savings between now and your life expectancy

Output Area

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