FAQs

Current Age
Retirement Age
 
Current Household Incomeyearly
Average Salary Increase% yearly
Retirement Contribution% of income
 
Current Retirement Savings
Pre-Retired Savings Growth%
Post-Retired Savings Growth%
 
Social Security Age
Expected Social Security Incomemonthly
 
Average Inflation% yearly
Expected Retired Living Expenses% of income

Retirement Funds Depleted2089
Age at Depletion124


All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Investment calculation results are intended only to assist you with investment decisions and is broad in scope and does not consider your unique personal investment needs or financial situation. Growth calculators (like Retirement or Savings) depend on the average return you expect. Since rates of return will vary over time, particularly for these long-term investments, your exact return percentage and results will most certainly be different. Before making any final decisions or implementing any investment strategy, users are advised to obtain additional information and advice from your accountant and other investment advisors who are fully aware of your individual circumstances.
 
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The age you are today.
The age you will be at retirement.
Your household income. 'Average Salary Increase', 'Retirement Contribution', and 'Expected Retired Living Expenses' will be calculated using this amount so include only steady income that figures into your retirement.
The average percentage you expect your 'Household Income' to increase each year.
The percentage of 'Household Income' that you contribute to your retirement savings or investments.
The current balance of your retirement savings or investments.
The average percentage you expect your 'Retirement Savings' to gain in interest or increased value (not including 'Retirement Contributions') each year BEFORE you retire at which time it is likely you will move to a more conservative growth plan.
The average percentage you expect your 'Retirement Savings' to gain in interest or increased value (not including 'Retirement Contributions') each year AFTER you retire and have set your retirement portfolio to a more conservative growth plan than before retirement.
The age at which you plan to begin receiving monthly Social Security benefits.
The amount your annual Social Security statement shows you will receive if you begin receiving benefits at 'Social Security Age'. This amount will be adjusted for inflation each year.
The average inflation rate which will be used when calculating 'Expected Social Security Income' and 'Expected Retired Living Expenses' to represent those numbers in future dollars.
The percentage of your 'Household Income' you expect to need during retirement. This amount will be adjusted for inflation each year.
The year your retirement funds may run out. 'Never' is good. That means your retirement investment should make more in interest and returns than you draw for living expenses.
Your age when your retirement funds may run out. 'N/A' means your retirement funds should never be run out.
When checked, a section will appear below the calculator showing the complete amortization table.
Mortgage Qualification Calculator
Monthly Income
Gross Monthly Salary/Income
Other Monthly Income
Total Monthly Income$5,000.00

Monthly Expenses
Car Payments
Credit Card Payments
Other Loan Payments
Other Monthly Payments
Total Monthly Expenses$700.00

Mortgage Information
Down Payment
Interest Rate%
Length of Loan

Anticipated Mortgage Escrow Expenses
Annual Property Tax Rate%
Homeowner's Insuranceper
Private Mortgage Insuranceper
Association Dues (if any)per
Other Escrowper

Monthly Mortgage Payment Breakdown
Principal & Interest$970.20
Property Taxes$84.80
Homeowner's Insurance$25.00
Private Mortgage Insurance$0.00
Association Dues$0.00
Other Escrow$20.00

Qualification Calculations
Likely Max Monthly Mortgage$1,100.00
Housing Debt Ratio22.00%  (28% maximum)
Total Debt Ratio36.00%  (36% maximum)
Likely Loan Amount$162,109.13
Qualifying Home Value$169,609.13 (includes Down Payment)


All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Mortgage calculator results are based upon conventional program guidelines. Other loan programs are available. Further review by a professional is necessary to obtain exact and complete information and available options for your personal circumstances.
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Normal monthly income, including taxes, but not including alimony, child support, etc.
Other monthly income such as alimony or child support.
Total amount of 'Monthly Income' entered.
The total amount you spend each month for all car payments.
The total amount you spend each month for all credit card payments.
The total amount you spend each month for all loans (not to include mortgage).
Total of all other monthly obligations you have. (Examples are alimony, child support, legal judgment.)
Total amount of 'Monthly Expenses' entered.
The amount of money you plan to put as a down payment on your property.
The annual percentage rate you will pay for this loan.
How long you will pay on this loan. Also choose whether 'Length of Loan' is years or months.
The percentage of your home's value that your local government charges annually for property taxes.
The likely amount you will pay for homeowner's insurance on a property valued around the price shown as 'Qualifying Home Value'. Also choose whether this is the amount you will pay per year or month.
The likely amount you will pay for private mortgage insurance (PMI) on a loan around the amount shown as 'Likely Loan Amount'. (You will probably pay private mortgage insurance if you borrow at least 80% of your property's value.) Also choose whether this is the amount you will pay per year or month.
Any Homeowner's Association dues you will owe as part of your property's Covenants and Restrictions (CCRs). Also choose whether this is the amount you will pay per year or month.
Any other escrow charges (not property taxes, homeowner's insurance, private mortgage insurance (PMI), or association dues since those are entered individually) that will be paid with your monthly mortgage. (If you're borrowing more that 80% of the home's value you'll likely pay PMI.) One example might be Special Service District (SSD) charges. Also choose whether this is the amount you will pay per year or month.
The portion of 'Likely Max Monthly Mortgage' (shown in the next section) that represents your monthly principal & interest payment.
The portion of 'Likely Max Monthly Mortgage' (shown in the next section) that represents your monthly property tax payment.
The portion of 'Likely Max Monthly Mortgage' (shown in the next section) that represents your monthly homeowner's insurance payment. If 'Homeowner's Insurance' expense (in the section above) is per 'Year', this will be calculated as 'Homeowner's Insurance' / 12 to get the monthly amount.
The portion of 'Likely Max Monthly Mortgage' (shown in the next section) that represents your monthly private mortgage insurance (PMI) payment. If 'Private Mortgage Insurance' expense (in the section above) is per 'Year', this will be calculated as 'Private Mortgage Insurance' / 12 to get the monthly amount.
The portion of 'Likely Max Monthly Mortgage' (shown in the next section) that represents your monthly homeowner's association dues payment. If 'Association Dues' expense (in the section above) is per Year, this will be calculated as 'Association Dues' / 12 to get the monthly amount.
The portion of 'Likely Max Monthly Mortgage' (shown in the next section) that represents your other monthly escrow payment. If 'Other Escrow' expense (in the section above) is per 'Year', this will be calculated as 'Other Escrow' / 12 to get the monthly amount.
Based on your monthly expenses, down payment, anticipated interest rate and mortgage escrow expenses, your monthly mortgage payment should be at most this amount.
The percentage of your monthly income that goes to pay for housing.
The percentage of your monthly income that goes to pay all your debt (including housing).
A mortgage lender will likely finance about this amount for you. This amount is calculated on either your 'Housing Debt Ratio' reaching the maximum 28% or your 'Total Debt Ratio' reaching the maximum 36%.
You should be looking to buy a home or property valued at this or less. This amount is simply the 'Likely Loan Amount' + 'Down Payment' amounts.
Gross Monthly Salary/Income + Other Monthly Income
$5,000.00 = $5,000.00 + $0.00
Car Payments + Credit Card Payments + Other Loan Payments + Other Monthly Payments
$700.00 = $350.00 + $200.00 + $150.00 + $0.00
Total Monthly Income * 36% - Total Monthly Expenses - (Property Taxes + Homeowner's Insurance + Private Mortgage Insurance + Association Dues + Other Escrow)
$970.20 = $5,000.00 * 36% - $700.00 - ($84.80 + $25.00 + $0.00 + $0.00 + $20.00)
(Loan Amount + Down Payment) * Property Tax Rate / 12
$84.80 = ($162,109.13 + $7,500.00) * 0.006000 / 12
Homeowner's Insurance / 12
$25.00 = $300.00 / 12
Private Mortgage Insurance / 12
$0.00 = $0.00 / 12
Association Dues / 12
$0.00 = $0.00 / 12
Other Escrow
$20.00 = $20.00
Principal & Interest + Property Taxes + Homeowner's Insurance + Private Mortgage Insurance + Association Dues + Other Escrow
$1,100.00 = $970.20 + $84.80 + $25.00 + $0.00 + $0.00 + $20.00
Monthly Rent/Mortgage / Total Monthly Income
22.00% = $1,100.00 / ($5,000.00 + $0.00)
(Monthly Mortgage + Total Monthly Expenses) / Total Monthly Income
36.00% = ($1,100.00 + $350.00 + $200.00 + $150.00 + $0.00) / ($5,000.00 + $0.00)
Either 'Housing Debt Ratio' or 'Total Debt Ratio' will be at its maximum all the time. 'Total Monthly Housing Expenses' increases when 'Total Monthly Income' is increased or 'Total Monthly Expenses' is decreased.
Principal & Interest * (((1 + -Rate / 12) ^ Months) - 1) / (-Rate / 12)
$162,109.13 = $970.20 * (((1 + -0.0600 / 12) ^ 360) - 1) / (-0.0600 / 12)
Loan Amount + Down Payment
$169,609.13 = $162,109.13 + $7,500.00

Auto Affordability Calculator

Maximum Monthly Payment
Sales Tax%
Other Financed Charges
Cash Down Payment
Trade-In Value
Dealer Rebate
Total Down Payments$4,000.00
Interest Rate%
Length of Loan

Maximum Vehicle Price$24,808.69
Loan Amount$22,780.14

Sales Tax Amount$1,271.45
Number of Payments60
Annual Cost$5,400.00


All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Loan calculators are not intended to provide financial advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. Users are advised to seek personalized advice from qualified professionals regarding all personal finance issues.
 
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The maximum auto loan payment you can make each month.
The sales tax percentage you will pay on this purchase.
Sticker price add-on charges to be financed with your auto loan. These may include license plates, vehicle registration, luxury tax, extended warranty policy, dealer prep charges, or destination charges, etc.
Any cash amount you plan to apply as a down payment to reduce your loan or lease amount.
Any vehicle trade-in amount you plan to apply as a down payment to reduce your loan or lease amount.
Any dealer (or manufacturer) rebate or matching down payment amount you plan to apply as a down payment to reduce your loan or lease amount.
The total down payment amount you plan to apply to your purchase to reduce the loan amount.
The annual percentage rate you will pay for this loan.
How long you will pay on this loan. Also choose whether 'Length of Loan' is years or months.
You should be looking at vehicles priced this amount or less to keep payments at or below 'Maximum Monthly Payment'.
Your total auto loan amount once 'Sales Tax' and 'Other Financed Charges' are added and 'Total Down Payments' is subtracted.
The amount of sales tax you will pay on this purchase.
The number of payments you will make to pay off the loan.
The amount of money you will pay each year for this loan.
Cash Down Payment + Trade-In + Dealer Rebate
$4,000.00 = $1,000.00 + $2,500.00 + $500.00
(Loan Amount + Total Down Payments - Other Charges) / (1 + Sales Tax Percent)
$24,808.69 = $22,780.14 + $4,000.00 - $700.00) / (1 + 5.1250%)
Payment * (1 - (1 + (Rate / 12))-Months) / (Rate / 12)
$22,780.14 = $450.00 * (1 - (1 + (0.0690 / 12))-60 / (0.0690 / 12)
Maximum Vehicle Price * Sales Tax Percent
$1,271.45 = $24,808.69 * 5.1250%
Length of Loan in Months
60
Monthly Payment * 12
$5,400.00 = $450.00 * 12
Sale Price
Down Payment
Interest Rate%
Length of Loan
Additional PrincipalEach Month
Points
Other Closing Costs

Monthly Payment$854.36
Loan Amount$142,500.00
Total Interest$165,069.16
Total Paid$307,569.16
Payoff Time30 Yrs

Number of Payments360
Annual Cost$10,252.32
Points Amount$2,137.50
Total Property Cost$321,706.66


All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Mortgage calculator results are based upon conventional program guidelines. Other loan programs are available. Further review by a professional is necessary to obtain exact and complete information and available options for your personal circumstances.
Loan Amount
Interest Rate %
Length of Loan
Additional Principal Each Month

Monthly Payment $423.96
Total Interest $5,437.43
Total Paid $25,437.43
Payoff Time 5 Yrs

Number of Payments 60
Annual Cost $5,087.52


All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Loan calculators are not intended to provide financial advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. Users are advised to seek personalized advice from qualified professionals regarding all personal finance issues.

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