Financial Calculators
50/30/20 CALCULATOR
The 50/30/20 rule states—for a person who desires one simple budgeting formula—that they should set 50% of their income aside for needs, 30% for wants, and 20% for savings
SAVINGS CALCULATOR
Shows how much money an individual will save via compound interest and an additional monthly payment
BUDGET CALCULATOR
Helps an individual understand how much he or she is saving (or losing) on either a monthly or annual basis based on monthly and annual expenses
RETIREMENT CALCULATOR
Helps people calculate their retirement funds by projecting income level, monthly savings, age and life expectancy, and percent rate of return on savings
COST OF LIVING CALCULATOR
Compares average costs of living between US cities and states, including housing, groceries, utilities, transportation, and health-care costs, so readers can see what salary they should seek to maintain their current standard of living
MORTGAGE CALCULATOR
Calculates a monthly payment on a mortgage. Demonstrates how the payment is split between principal and interest
EARLY MORTGAGE PAYOFF CALCULATOR
Indicates how much interest a person will save, and time, by putting an additional amount towards a mortgage every month
MORTGAGE AFFORDABILITY CALCULATOR
Helps a potential home buyer understand whether he or she is able, based on a budget, to afford a specific mortgage payment
MORTGAGE TYPE ACTIVITY
Summarizes the pros and cons of each mortgage type: conventional, fixed-rate, adjustable-rate, government-insured, and large (or "jumbo") mortgages
MINIMUM PAYMENT CALCULATOR
Calculates how much users could save in the long term by making more than a minimum monthly payment. Adjustable inputs include current balance, minimum monthly payment amount, interest rate, and fixed monthly payment
GENERIC LOAN PAYOFF CALCULATOR
Like the Student Loan calculator and the Early Mortgage Payoff calculator, shows how much money can be saved in interest by adding additional principal to a monthly payment. Especially useful in clearing credit card debt
STUDENT LOAN PAYOFF CALCULATOR
Demonstrates how much money and time can be saved by paying down student loans faster
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