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Mortgage
comparison: 15 years vs. 30 years
Determining which mortgage term is right for
you can be a challenge. With a 15 year
mortgage you will pay significantly less
interest, but only if you can afford the
higher monthly payment. Use this calculator
to compare these two mortgage terms, and let
us help you decide which term is better for
you.
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Alternative
Payment Frequencies
Use this calculator to determine your
payment or loan amount for different payment
frequencies. You can make payments weekly,
bi-weekly, semi-monthly, monthly,
bi-monthly, quarterly or annually. You can
then examine your principal balances by
payment, total of all payments made, and
total interest paid.
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Accelerated Debt
Payoff
Consolidating your debt is only half of the
battle. You still need a plan to get your
debt paid in full. This calculator can show
you how to accelerate your debt payoff. The
process is simple; just apply a portion of
your consolidated loan's monthly payment
savings to the consolidated loan's balance.
You can save hundreds, even thousands in
interest and shave years off of your loan!
Credit Card Pay
Off
Use this calculator to see what it will take
to payoff your credit card balance, and what
you can change to meet your repayment goals.
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Home Equity
vs. Auto loan
Home equity loans often have lower interest
rates than auto loans and the interest may
be tax deductible. Two good reasons to take
a look at home equity loans to finance your
automobile purchase.
Auto Loans
Use this calculator to help you determine
your monthly auto loan payment or your auto
purchase price. After you have entered your
current information, use the graph options
to see how different loan terms or
downpayments can impact your monthly
payment. You can also examine your complete
amortization schedule by clicking on the
"View Report" button.
Auto Rebate vs.
Low Interest Financing
Use this calculator to help you determine
whether you should take advantage of low
interest financing or a manufacturer rebate.
A rebate will reduce your auto loan balance,
while low interest financing lowers your
monthly payment. The best option depends on
the price of the vehicle, the size of the
rebate and the interest rates available for
financing.
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CD Ladder
Calculator
Use this calculator to examine the benefits
of investing in a series of Certificates of
Deposits with different maturities, also
called a CD Ladder. With a CD Ladder, you
can benefit from higher interest rates for
longer maturities, while achieving better
liquidity, rather than investing in a single
long-term CD.
Certificate of
Deposit Calculator
Use this calculator to find out how much
interest you can earn on a Certificate of
Deposit (CD). Just enter a few pieces of
information and we will calculate your
Annual Percentage Yield (APY) and ending
balance. Click on the "View Report" button
to see a detailed schedule of your CD's
balance and interest earned.
Savings Goals
What will it take to help reach your savings
goals? This financial calculator helps you
find out. Enter in your savings plan and
view graphically your financial results.
Click the report button to get more
information about your plan, and what you
can do to make sure that it is on track.
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