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Calculators

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Here is a selection of credit calculators to help you determine the specifics of almost any loan or credit term. These can be useful to find the best payoff amount and duration to maximize any savings by altering the way you fulfil your loan.

Updated: 5/25/2013
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CREDIT CARD CALCULATOR Finds the duration and cost of paying off credit card balance given a fixed monthly amount.
SAVINGS CALCULATOR Discover the final value of a savings or investment program over a period of time with an average interest rate.
LOAN CALCULATOR Returns a missing variable for a simple loan when provided with the other amounts.
LOAN REDUCTION CALCULATOR Use to determine the savings value of adding additional principle payments to a loan.

 CREDIT CARD CALCULATOR Back to Top

INSTRUCTIONS

Use this calculator to determine how long it will take to pay off your current outstanding credit card balance if you make the same payment each month. This will also return the total amount of interest paid.

  1. Enter your balance, interest rate and minimum payment amount.
  2. Click the "Calculate" button once to view your result.
ENTER YOUR DETAILS
 
Current Account Balance: $
Annual Interest Rate:    %
Minimum Payment Percentage:    %
Minimum Payment Amount: $


  
RESULT
 
Total Interest Paid: $
Number of Payments:   
Number of Years:   
 


 SAVINGS CALCULATOR Back to Top

INSTRUCTIONS

Use this calculator to discover the final value of a savings program based on the current value of the account, intended duration and expected average interest rate.

  1. Enter the total current value of one or all long term investments.
  2. Provide the expected average interest over the saving period.
  3. Click the "Calculate" button once to view your result.
ENTER YOUR DETAILS
 
Initial Lump Sum Investment $
Monthly Savings $
Interest Rate    %
Term of Investment    years


  
RESULT
 
Total Amount Invested $
Interest Earned $
Final Balance $
 


 LOAN CALCULATOR Back to Top

INSTRUCTIONS

Use this calculator to any single variable of a typical, simple interest loan. This will return the one value that you do not enter.

  1. Enter the appropriate values in all but one field.
  2. Click the "Find This" button once to get that value.
 
 
Amount of the loan
Interest rate (7% = 7)
Total payments of loan
Payments per year
Loan payment amount


 
  


 LOAN REDUCTION CALCULATOR Back to Top

INSTRUCTIONS

Use this calculator to discover the savings in both time and dollars you could acquire if an additional amount were to be added to an existing loan payment schedule.

  1. Enter your original loan terms.
  2. Click the "Find Monthly Payments" button once.
  3. Enter the additional monthly payment.
  4. Click the "Calculate Reduction" button once to view your result.
ENTER YOUR DETAILS
   
Loan Amount $
Original Term    years
Interest Rate    %


  
Monthly Repayment $
Additional Monthly Repayment $


  
RESULT

Your reduced loan term will be years.

You will save $ in interest.
 

 



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