How much will my loan payments be? This is a basic loan calculator. Thinking of getting a loan to buy that $25,000 boat? Enter the loan amount, interest rate, and term of the loan into this calculator and it will show you the monthly payment amount, the total interest you will pay, and the total … Read more
I have a loan payoff goal and want to see how fast making larger payments can pay down the loan and how much interest I can save. If you want to pay down a loan ahead of schedule by adding a fixed amount to each payment, this extra payment calculator will show you how much … Read more
Help me compare loans with different terms. Compare up to 4 loans side by side with this calculator. Enter the loan amount, interest rate, and term of each loan and this calculator will show you the payment amount, the total interest you will pay, and the actual cost for each loan. You can also enter … Read more
Debt consolidation is a financial strategy that involves combining multiple debts into a single, larger debt. This is typically done to simplify the repayment process and potentially reduce the overall interest rate or monthly payment. What does this mean actually? You get more loans to pay your existing debt, is that a really good idea … Read more
Are you trying to eliminate or lower debt from your life? It’s a great way to help ease your mind, save money, and open up your options for the future. Lower debt is vital for most people in these difficult times. Choose the Best Strategy for You to Lower Debt By thinking seriously about debt … Read more
What is my debt to income ratio or debt ratio? Calculate your debt to income ratio or what percentage of your monthly income is used to pay fixed monthly costs. Enter your monthly income, monthly rent or mortgage expense, and other monthly expenses. This calculator will then show you your debt to income ratio which … Read more
Should I use extra money to pay down debt immediately or invest it until there’s enough to pay off the debt at once? See if it’s better to pay down debt or invest your extra money until it can pay off the debt all at once. Will you pay more interest on your loan or … Read more
Have you ever wondered if your spending habits will get the best of you? If you think that you might be in financial trouble, then chances are that you are already having this kind of issue in your life. Still wondering about Financial Trouble? Let us explain it to you! Financial trouble typically refers to … Read more
How long will it take to pay off my credit card balance if I pay the same amount each month? If you want to eliminate that credit card balance, you’ll probably want to pay more than the minimum required each month. Enter your credit card balance, interest rate, and the amount you will pay each … Read more
What Are Minimum Credit Card Payments? Minimum credit card payments are the smallest amount you must pay toward your monthly credit card balance to keep your account in good standing. This amount is typically calculated as a percentage of your total balance, usually around 1-3%, or a fixed amount, whichever is higher. It’s important to … Read more