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Estimate homeowners insurance calculator? & Video

#Estimate #homeowners #insurance #calculator


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Life Insurance Calculator, term life insurance rate calculator.

#Term #life #insurance #rate #calculator


Life Insurance Calculator

How Much Life Insurance Do I Need?

If you re thinking that a death benefit of, say, five times your annual income is enough, it might be as long as you don t plan to be dead more than three to five years!

All kidding aside, if you come up short on this one, you don t get a second chance. It s critical to get this death benefit/face amount question right, up front.

Watch the video below (

3 min.) for help with how much life insurance you should buy, and then fill out the calculator below with your information to get a recommendation for your personal situation.

Life Insurance Calculator

Our Life Insurance Calculator can help you get a rough idea of how much coverage you ll need to make sure your family is okay financially when you die.

Annual income before tax: $

% of income needed by dependents: %

Number of years benefits are needed:

Annual inflation rate (estimate): %

Annual interest rate (estimate): %

of life insurance to replace your income for the next years.

Take a look at the chart below. Each year s income is adjusted to keep pace with inflation. And notice in the final year there is just enough money left to provide the final year of income for your family.

Assuming a % inflation rate and % earnings, it will require to provide an annual indexed income of to your family for years.

This number is a reflection of what you plan on providing for your family over the next years and is the single most important number to consider when purchasing insurance. It s also the number that is underestimated the most often. Why? Because most people fail to realize how much they contribute to their families financially and seldom do they consider what it would actually take to replace their income. And let s be honest- replacing your income is really what life insurance is all about!

Any good news here? Life insurance rates have fallen dramatically over the past 20 years and the cost of coverage is actually 60% LOWER than it was in the mid 1990 s! So while you probably need a whole lot more coverage than you may have thought, the cost will likely be a lot less than you thought it would be.

Anyway, here s how the numbers work:

You start with the policy s full benefit amount of . In the first year, is taken out for the purpose of replacing your income for your family. The remaining is invested, and earns money at the rate you specified ( %). In the first year, you d earn in interest, which would put you at to start the second year. In that second year, you d take out (due to inflation) for your family as income. You d earn interest again, on the remaining amount- you can likely see the pattern developing already.

We feel an ethical obligation as experienced professionals to make you aware of the numbers. But of course, in the end, the decision regarding the face amount is a personal one and we will obviously respect whatever decision you come up with as it relates to how much coverage to buy!

You can find out about the other components you need to consider on our How Much Life Insurance Is Enough? page.

Life Insurance Quote

Call 800-442-9899 today and we’ll help you figure out what kind of policy makes the most sense for your needs. You can also click the “Get Started” button to get a free life insurance quote. It’s quick and easy.


Interest Only Calculator, Payments During Construction, simple interest loan calculator.#Simple #interest #loan #calculator


Interest Only Calculator

  • Simple interest loan calculator

Simple interest loan calculator

Simple Interest Payment Calculator

This calculator will compute the interest only payment for construction loans.

Simple interest loan calculator

Construction Loan Budget Calculator

Almost every lender will use a slightly different version of this calculator.

How and When is a Simple Interest Calculator Used During the Construction Phase

Interest Only Construction Loan Calculator

D uring construction a construction loan’s payments are based on the loan amount actually drawn, unless if the loan is a hard money loan in which case the entire amount is deposited into an escrow account and interest is charged on the entire loan amount.

It is therefore difficultif not impossible to accurately estimate what the payments will actually be as the loan amount is subject to change at any one time.

A good approximation will be to:

  • Take 70% of the loan amount.
  • Use this calculator to figure out monthly payments.
  • Multiply the result by 12 to get the total approximate interest.

Furthermore, normally no payments are made during construction but rather applied to the payment reserve account that is set up and included in the loan amount.

A basic and simple to use Construction Loan Amount Calculator is available here.

Construction loans that include an interest reserve account not only help your cash flow, as you are not saddled with two house payments but also allow you to qualify for a larger loan amount since present and future housing expenses are not included in your debt ratio.

Construction loans have calculations that are a good deal more involved than a simple purchase or refinance mortgage loan amount.

Construction lenders calculate the actual construction loan amount after you answer some simple questions.

The interest only calculator on this page uses Java Script. If you have set your browser not to allow Java Script then you will get a warning asking you if you would like to allow the script to run. All you do is allow the script to run temporarily and the calculator will work.

Qualifying for a mortgage loan involves debt ratio calculations that very slightly from one financial institution to the next. In most cases the borrower’s debt ratio is analyzed using the fully amortized payment.

Simple interest loan calculator

New Home Construction

Construction and take out financing of ground up residential, owner occupied properties, up to four units.

Simple interest loan calculator

Remodeling Loans

Major remodeling loans for currently owned or purchase and rehabilitation of residential properties, up to four units.

Simple interest loan calculator

FHA 203(k)

FHA’s rehabilitation loan program for currently owned homes and purchase transactions of up to four units.

Simple interest loan calculator

Modular Homes

Modular, manufactured & fifth wheel homes. What are the differences? Is financing be available for them?

Simple interest loan calculator

Bad Credit Loans

Construction loans are available for damaged credit, but things can work very differently in this case.

Simple interest loan calculator

Builder Construction Loans

Also known as spec loans these are for speculators who plan on building several homes or a condo project.

Simple interest loan calculator

Lot Loans

Lot Loans for when you are not ready to build, but the opportunity presents itself. For up to Four Units.

Simple interest loan calculator

Stated Income Loans

For hard to document income or very complex combination of corporate and/or trust and personal returns.

Simple interest loan calculator

Closing Costs

Typical closing costs for a construction loan are a little different from conventional mortgages.



Mortgage Calculator: Simple calculator for repayment & interest only mortgages, simple interest loan calculator.#Simple #interest #loan #calculator


Ultimate Mortgage Calculator New!

8 calculators to compare mortgages, from ditching your fix to saving for a deposit

Simple interest loan calculator

Basic mortgage calculator

Shows the cost per month and the total cost over the life of the mortgage, including fees interest.

Total you’ll repay over full term

Could you get a cheaper rate?

Use the MSE’s Mortgage Best Buys Comparison to find the best deal for you.

Your mortgage debt over time

Your remaining debt

(assuming your interest rate stays the same)

The nerdy bit see how the debt is gradually paid off

In the first few years of the mortgage, you’re paying proportionally more interest, so the debt only reduces slowly, as the table above shows. However, making overpayments can eat into the debt and massively reduce the amount you repay in total as it means less interest overall (always check there aren’t overpayment penalties beforehand).

IMPORTANT! Please read.

This information is computer-generated and relies on certain assumptions. It has only been designed to give a useful general indication of costs.

It’s important you always get a specific quote from the lender and double-check the price yourself before acting on the information. We cannot accept responsibility for any errors (please report faults above).

Assumptions

In order to create these results, we have had to make a few assumptions:

  • 1) Interest is charged monthly.
  • 2) Interest rate stays the same over the term.
  • 3) If you selected ‘Interest only’, we assume your standard monthly payment doesn’t decrease even if you pay off some of the balance.

Martin’s FREE Printed Mortgage Help Booklets

How this site works

We think it’s important you understand the strengths and limitations of the site. We’re a journalistic website and aim to provide the best MoneySaving guides, tips, tools and techniques, but can’t guarantee to be perfect, so do note you use the information at your own risk and we can’t accept liability if things go wrong.

  • This info does not constitute financial advice, always do your own research on top to ensure it’s right for your specific circumstances and remember we focus on rates not service.
  • Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first.
  • We don’t as a general policy investigate the solvency of companies mentioned (how likely they are to go bust), but there is a risk any company can struggle and it’s rarely made public until it’s too late (see the Section 75 guide for protection tips).
  • We often link to other websites, but we can’t be responsible for their content.
  • Always remember anyone can post on the MSE forums, so it can be very different from our opinion.

MoneySavingExpert.com is part of the MoneySupermarket Group, but is entirely editorially independent. Its stance of putting consumers first is protected and enshrined in the legally-binding MSE Editorial Code.

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SBI Home Loan, Interest Rates Nov 2017, Eligibility, Documents, home loan calculator india.#Home #loan #calculator #india


Home loan calculator indiaSBI Home Loan

SBI Home Loan: Get quotes on Interest Rates 8.30% November ✓ Eligibility, Documents, Low EMI Rs.758/lakh, Application Status, Calculator Quotes at deal4loans.com.

Key Pointers of SBI Home Loan

Latest Update: 2 Years Fixed Rates for Women are 8.50%, 8.55% for Others. Loan amount maximum upto 30 lakhs only. State Bank of India has introduced two new Home Loan products SBI Privilege Home Loan for Government Employees and SBI Shaurya Home Loan for Defence Personnel.

Festival Bonanza : 0% Processing Fee, on Top up and Home Loan (New & Take Over). Offer Valid till 31.12.17

SBI Home Loan Interest Rates: Last updated as on 02 Nov 2017

HOME LOANS – INTEREST RATES With effect from 02.11.2017

Home Loan as Overdraft (Maxgain)*

Above 30 lakh Upto 75 lakhs

Above 20 lakh upto 30 lakhs

Above 30 lakhs Upto 75 lakhs

Above 75 lakhs Upto 3 crores

SBI – CLSS Home Loan Scheme

Prime Minister has announced interest subsidy of 4% on housing loans of up to Rs.9.00 lakhs of those with an income of Rs.12.00 lakh per year and of 3% on housing loans of up to Rs.12.00 lakh of those earning Rs.18.00 lakh per year. Under CLSS Scheme for MIG, if you take a loan amount of upto 9 lakh for maximum 20 years repayment period, built up area below 90 sq mtr (968 sq foot) and your yearly income is below 12 lakh. Than your savings are below:

Under CLSS Scheme for MIG, if you take a loan amount of upto 12 lakh for maximum 15 years repayment period, built up area below 110 sq mtr (1184 sq foot) and your yearly income is above 12 lakh and below 18 lakh than your savings are below:

SBI Hamara Ghar Home Loan Scheme – Fixed Interest rate product for affordable segment. Home Loan will be available by way of Term Loan only with fixed interest tenure of 2 years.

  1. Pre-payment penalty of 2% plus ST levied on loans foreclosed /prepaid during initial tenor of 2 years.
  2. Switch over from fixed interest rate to floating rate linked to 1 yr MCLR will be unavailable for period of first 2 years.
  3. Max Loan Amount INR 30 lakhs

Interest Rates of Hamara Ghar Home Loan Scheme

Interest Rates for Home Loan Top Up Scheme

SBI Home Loan Interest Rates 2015 – 9.80% – 9.85%. But after October’ 2015 it goes down to 9.50% -9.55%. It helps borrowers to save around Rs 21.98 on per lac emi for 30 years. For example if you can take a loan amount of around 20 lakh for 30 years at 9.50% rate of interest than you can save around Rs 439.60 on per month EMI or Rs 158256 in 30 years tenure.

State Bank of India is the country’s largest bank in terms of number of customers, employees, advances and deposits. Despite being a government-owned bank, it has not only managed to stay ahead of its private sector peers, but continue to be one of the most profitable banks. It remains the ‘trend-setter’ for the banking industry when it comes to taking decisions on interest rates, and product innovations. It has a market cap of Rs 1,90,000 crore and total loan outstanding as of March 2015 was Rs 11 lakh crore.

Eligibility Criteria, Documentation required for SBI Home Loan

2) Identity residence proof

3) Last 3 months salary slip

5) Last 6 months bank salaried credit statements

6) Processing fee cheque

2) Identity residence proof

3) Education qualifications certificate proof of business existence

4) Business profile,

5) Last 3 years profit/loss balance sheet

6) Last 6 months bank statements

7) Processing fee cheque

Above Rs. 30 Lacs. to 75 lac

Repayment period: Maximum 30 years (or) Up to the age of 70 years (the age by which the loan should be fully repaid) of the borrower, whichever is early.

SBI Home Loan EMI Calculator

SBI MAXGAIN – Home loan as an Overdraft

Interest rates (w.e.f. 01 October 2016) for home loans is 9.25% for women and 9.30% p.a. for others.

SBI Tribal Plus Home Loan

Maximum Repayment period is 15 years

SBI Gram Niwas Home Loan

The home loans under Gram Niwas Scheme are sanctioned for purchase/construction/repair and renovation of house and purchase of plot for construction of a house/shed etc. The scheme covers all Rural and Semi-urban centres having population upto 50,000 as per 2001 census.

Maximum Repaymenet period is 15 years

SBI Sahyog Niwas Home Loan

Maximum loan amount per member is Rs.50,000

SBI Shaurya Home Loan

Full wavier of processing fees

Lower interest rate as a concession of 5bps over the Home Loan Card Interest Rate is available whrever check-off facility is extended by the Government inder tie-up arrangement with the Bank

Customers of other Banks/Fls to switchover their Home Loan outstanding balance to State Bank of India

Extended repayment upto the age of 75 years as against 70 years under normal Home Loan scheme. The maximum loan term, however, shall remain capped at 30 years

SBI Reverse Mortgage Home Loan

No compulsion for the borrower to repay the loan amount during his or her lifetime or till such time he/she stays in the house.

SBI NRI Home Loans

Minimum employemnet tenure in India/Abroad should be 2 years

There is no maximum amount limit for this home loan scheme

SBI TOP UP HOME LOAN

0.35% of Loan Amount or Rs 10000 plus service tax whichever is less, subject to minimum of Rs 2000 plus taxes

Interest Rates charged on Top-up loan is different from Normal Home Loan

FAQS about SBI Home Loans:

Bank will determine your loan eligibility mostly by your income and repayment capacity. Other important factors include your age, qualification, number of dependants, your spouse’s income (if any), assets & liabilities, savings history and the stability & continuity of occupation.

Yes. You are eligible for tax benefits on the principal and interest components of your Home Loan under the Income Tax Act, 1961. As the benefits could vary each year, please do check with our Loan Counselor about the tax benefits which you could avail on your loan.

Yes, you could go in for a ‘Top up Home Loan’ whereby your existing loan (which you took to buy your current home) could be transferred to the new house with additional funds for the incremental cost of the new house, subject to your loan eligibility. This means you can move into your new home without having to go through the hassle of pre-paying your existing loan.

An under construction property refers to a home which is in the process of being constructed and where possession would be handed over to the buyer at a subsequent date.

Yes, you can repay the loan ahead of schedule by making lump sum payments towards part or full prepayment, subject to the applicable prepayment charges.



House Construction Loan in India, Home Renovation Loan Ahmedabad, Commercial Property Loans India, Best Mortgage Deals, Personal Loans in Ahmedabad, MAS Rural Housing and Mortgage Finance Limited, housing loan eligibility calculator.#Housing #loan #eligibility #calculator


“Rural housing finance – Home Purchase Loan”

  • Housing loan eligibility calculator

    House Under Construction

    “A Dream Coming True”

    “House construction personal loan & Mortgage finance –

    Home Construction Loan”

  • Housing loan eligibility calculator

    A Renovated House

    “Better Living Conditions”

    “Home loan for renovation –

    Home Extension and Renovation Loan”

  • Housing loan eligibility calculator

    Affordable Project Loan

    “Catalyst in Housing Supply”

    “Project loan for financing builders –

    Construction Finance To Developers”

  • Housing loan eligibility calculator

    “An Ultimate Stability”

    “Cheapest Home and shop loan – Commercial Property Loan”

    Why choose us

    MAS has always endeavored to provide the most efficient financial services to the class of the customers it caters to. Some of the key differentiators which sets MAS apart are –

    Customized Loan
    • Customized Loans Especially To The Informal Class Of The Society
    • Expertise In Serving This Sector Since Over 2 Decaded
    Legal And Technical Compliance
    • Our Stringent Due Diligence Ensures Legal & Technical Compliance Of The Property
    Comprehensive Range Of Products
    • Home Loans For New Home Purchase, Construction, Extension & Renovation
    • Commercial Property Loan
    • Construction Finance To Affordable Housing Project Developers
    Affordable Interest In Its Class
    • MAS Strives To Offer The Most Affordable Rates To The Informal Customer

    Our offerings

    With diverse loans options in its arsenal, MAS is focused on fulfilling the requirements of lower income and middle-income groups of the society. We offer Financial Services for purchase or construction of home and commercial loans, extension and renovation of homes and construction finance for upcoming affordable housing projects.

    Housing loan eligibility calculator

    Housing loan eligibility calculator

    Housing loan eligibility calculator

    Housing loan eligibility calculator

    Housing loan eligibility calculator



  • Car Loan Rates – Car Loan Rate Information – New – Used Car Loan Rates, used car loan calculator.#Used #car #loan #calculator


    Rates

    Carloan.com is proud to provide the following car loan rate information from your local and regional lenders. Simply click “Get Pre-Qualified” when you’re ready to apply. Our application process takes just 60 seconds to complete. Once you’re approved, your dedicated loan advisor will give you available rates in your area.

    How to Get the Best Auto Loan Rates

    Your Credit Score

    It’s no secret that a good credit score means a lower interest rate, but if you don’t know what your score is, how will you know what rate is fair? If you find that your credit score isn’t as good as you hoped, and you have the time, you can always work to improve it before you buy a car. A little effort could pay big dividends in the form of dollars saved over the life of your loan.

    Your credit score is a three digit number that is calculated based on your credit history. While there are three national credit bureaus in the U.S., they all use the FICO score algorithm to produce their score numbers. The FICO credit score scale ranges from 300-850. The higher the number, the better off you are for securing a lower interest rate on your loan.

    It’s important to keep in mind that those with a deep subprime — or “very poor” — credit score (500 and below) can expect an APR anywhere from 14 percent to a 20 percent on a bad credit car loan.

    poor credit score is always going to translate to a larger monthly payment on any approved auto loan. Lenders charge a higher interest rate to those with a lower credit score in order to offset their high default rates.

    Increasing your credit score does not happen overnight, but there are steps to take to improve your credit before trying to secure a loan:

    • Pay your bills on time every single month.
    • Pay off credit cards with small balances.
    • Don’t let your larger credit card balances exceed 30% of their limit.
    • Leave old debt and good accounts on your record as long as possible. If you have previously paid off a car or home, don’t try to remove it from your credit report the minute it’s paid off.

    Shop the Loan Separately

    Walking into a dealership with a guaranteed auto loan in your hand gives you bargaining power and flexibility. It also helps you avoid the common sales tactic of mixing up the vehicle price with financing costs. On the other hand, going into the dealership without doing research on how you are going to finance your purchase is setting yourself up to overpay.

    Taking the automaker’s low- or zero-percent financing often means having to pass on a rebate, since your choice generally is one or the other, not both. But you often can get the best of both worlds by taking the rebate from the dealer and getting financing elsewhere, even if the interest rate is higher than the promotional one from the manufacturer.

    Make a Down Payment

    Having a down payment isn’t always a necessity, and sometimes circumstances make it impossible. That’s okay. However, putting some of your own cash towards the purchase of your car helps in a couple of ways.

    First, it lowers your monthly payments. Not only do you have less principle to pay back, your overall interest is lower because you’re financing a smaller loan. Second, putting some of your own money in the deal is a signal to lenders that you’re fiscally responsible.

    Lenders will see that you not only put money aside for the purchase, but you’re probably a good bet to pay back what you borrow. Lower risk for lenders usually means better loan rates for you.

    Use our car payment calculator to provide you with an estimate of what you may be able to afford. The results are based on factors such as local interest rates, your credit score, and monthly income. Then, apply with our easy and fast application.

    Choose a Trustworthy Loan Advisor

    Finding a loan advisor who will put your best interests first is a necessary step to getting good rates. Some people have good relationships with their financial institutions and feel comfortable using them. Others might be more interested in shopping around for the best rates. And still others, maybe folks with bad credit, might have fewer options.

    Limit Loan Shopping Timeframe

    The timing of your car loan application is an important consideration, because it determines how your credit score is calculated. If you make all of your loan applications within a two-week period, they will only count as one inquiry. Otherwise, every time you apply for a loan, regardless of if you use it, your credit score goes down and it gets slightly more difficult to get a better loan.

    You should have an idea of what kind of loan interest rates you are qualified for by the time you arrive at the dealer. We have more valuable tips and advice on getting the best deal on a car from a dealer. The more knowledgeable you are, the better equipped you’ll be to negotiate.



    Current Interest Rates on Home Loans, Savings, Car loans – CD Rates, car loan interest calculator.#Car #loan #interest #calculator


    Today’s Interest Rates and Financial Advice:

    Car loan interest calculator

    Financial Advice

    Would you like to buy a home but worry that you’d never qualify for a mortgage? It’s time to stop guessing and evaluate your chances to land a loan based on everything from how much you make to your credit score. Believe it or not, the odds are in your favor.

    November 14th 2017

    The average cost of financing a new or used car or truck has stayed low over the past year, making auto loans a bargain by any historical measure. And buyers with reasonably good credit can always take advantage of the discount loans automakers are offering on many models.

    November 13th 2017

    Lending money to your child is risky business. But if you can avoid the personal pitfalls and convince the federal government that this is really a loan, and not a gift, the Bank of Mom and Dad can be a financial boon for everyone in the family.

    November 13th 2017

    Here’s how to make all of the right decisions so that you’ll save more, invest wisely and take full advantage of all the tax breaks to build your retirement nest egg.

    November 10th 2017

    It’s not enough to find a good location at an affordable price. Condo buyers must consider lots of extra costs, from association fees and special assessments to how well the building is maintained and how strictly it enforces rules on everything from noise to pets.

    November 10th 2017

    You’ve scouted out the best mortgage rate and fought hard to get the best price on your new home. But your bargaining shouldn’t stop there. Here’s how you can save on everything from settlement fees to title insurance.

    November 8th 2017

    Car loan interest calculator

    Interest ing Snapshot

    Individual retirement accounts, or IRAs, are a great way to build financial security for you and your family. They’re easy to open and our simple strategy helps you make all the right decisions now, and in the years ahead.

    Car loan interest calculator

    Car loan interest calculator



    Auto Loan Calculator, car loan interest calculator.#Car #loan #interest #calculator


    Auto Loan Calculator

    Car loan interest calculator

    $372.86 / Month

    The Auto Loan Calculator considers the most vital factors in order to calculate auto loan information. It assumes that the full purchase price is accounted for whether as down payment or part of the loan, along with any fees involved. If only the monthly payment for any auto loan is given, use the Monthly Payments tab (reverse auto loan) to calculate the actual vehicle purchase price and other auto loan information.

    Important: Tax and fee procedures apply to car purchases within the US only. Foreigners may still use the calculator, but please adjust accordingly.

    There are different definitions for different prices when it comes to car buying such as MSRP (manufacturer’s suggested retail price), selling price, blue book price, and dealer price. For any recently purchased or sold car, input the final selling price as the “Auto Price” figure. For hypothetical loans involving cars not being bought or sold, use blue book prices to arrive at close estimates for the values of the cars.

    Purchases of cars usually come with costs other than the purchase price. Car buyers with low credit scores might be forced to pay the hefty fees upfront. The following is a list of common fees associated with car purchases in the US.

    • Sales Tax Most states in the US collect sales tax for auto purchases.
    • Document Fees This is a fee collected by the dealer for processing documents like title and registration. Typically, they run between $150 and $300.
    • Title and Registration Fees This is the fee collected by states for vehicle title and registration. Most states charge less than $300 for title and registration.
    • Advertising Fees This is a fee that the regional dealer pays for promoting the manufacturer’s automobile in the dealer’s area. If not charged separately, advertising fees are included in the auto price. A typical price tag for this fee is a few hundred dollars.
    • Destination Fee This is a fee that covers the shipment of the vehicle from the plant to the dealer’s office. This fee is usually between $600 and $1,000.
    • Insurance In the US, auto insurance is strictly mandatory to be regarded as a legal driver on public roads and is usually required before dealers can process paperwork. When a car is purchased via loan and not cash, full coverage insurance is mandatory. Auto insurance can possibly run more than $1,000 a year for full coverage. Most auto dealers can provide short-term (1 or 2 months) insurance for paper work processing so new car owners can deal with proper insurance later.

    Important: If the fees are bundled into the auto loan, remember to check the box ‘Include All Fees in Loan’. If they are paid upfront instead, leave it unchecked.

    Quick Tip 1: Should an auto dealer package any mysterious special charges into a car purchase, please demand justification and thorough explanations for their inclusion. This is not to say that well-intentioned car salesmen don’t exist, but there is a reason why this particular group of people get a bad rap as some of the most untrustworthy and scheming around. After all, their mission is to squeeze as much profit out of a potential car selling scenario as possible.

    Auto Loans

    Many people cannot afford to purchase cars with straight cash, so they turn to auto loans instead. They work as any generic, secured loan from a financial institution does with a typical term of 36 or 60 months. Each month, repayment of principal and interest must be paid to auto loan lenders from borrowers, excluding other mandatory fees and taxes (unless they have been intentionally included into the loan). Money borrowed from a lender that isn’t paid back can legally entitle a car to being repossessed.

    Direct Lending vs. Dealership Financing

    There are two financing options available: direct lending or dealership financing. With the former, it comes in the form of a typical loan originating from a bank, credit union, or financial institution. Getting pre-approved through a credit union is usually the best option and offers the lowest rates, especially for lifelong, good standing members.

    Quick Tip 2: To aid ability to negotiate the best deals, take steps towards achieving healthier credit scores before taking out large loans for car purchases. Free annual credit reports can be requested from one of the three credit agencies: Equifax, Experian, and TransUnion.

    Once a contract has been entered with a car dealer to buy a vehicle, the loan is used from the direct lender to pay for it. Dealership financing is somewhat similar except that the paperwork is done through them instead. The contract is retained by the dealer, but is sold to a bank or other financial institution called an assignee that ultimately services the loan.

    Quick Tip 3: Direct lending usually offers more flexibility because there is competition between involved lenders to offer the best interest rates to the borrower, and rates tend to be better. It also provides more leverage for someone to walk into a car dealer with most of the financing done on their terms, as it places further stress on the car dealer to compete with a better rate. Getting pre-approved doesn’t tie car buyers down to any one dealership, and their propensity to simply walk away is much higher. With dealer financing, the potential car buyer has fewer choices, though it’s there for convenience for anyone who doesn’t want to waste time shopping around.

    Quick Tip 4: It can be helpful for prospective car buyers to determine how much they can afford to spend on a car and what types of cars are within their budget before actually heading to a dealership. Knowing what kind of vehicle is desired will make it easier to research and find the best deals that suits a buyer’s needs. Once a particular make and model is chosen, it can be important to have some typical going rates in mind to enable effective negotiations with a car dealer. Car dealers, like many businesses, want to make as much money as possible from a sale, but often, given enough negotiation, are willing to sell a car for significantly less than the price they initially offer. Depending on whether a buyer chooses to pay for the vehicle with monthly payments, the “Monthly Payment” tab of our Auto Loan Calculator can be used to calculate the “true” cost of the car. A monthly payment option often ends up being more expensive than buying the car outright. However, if buying the car outright is not an option, it is up to the buyer’s discretion to determine whether the need for a car sooner justifies the additional cost of making monthly payments rather than saving until a later date to avoid said monthly payments. Furthermore, although the allure of a new car is understandable, buying a pre-owned car even if only a few years removed from new can usually result in significant savings, and is an option that prospective car buyers can consider.

    Trade-in Value

    Don’t expect too much value when trading in old cars to dealerships as credit towards newer car purchases; exchange rates tend to float somewhere akin to auction house levels, way below blue book values. Selling old cars privately beforehand and using the funds for future car purchases tends to result in a more financially-desirable outcome. However, convenience is important for many people and they choose to simply trade them in to dealerships during new car purchases.

    Within the states that collect sales tax on auto purchases, most of them collect based on the difference between the new car and trade-in price. For a $25,000 new car purchase with a $10,000 valued trade-in, the tax paid on the new purchase with an 8% tax rate is:

    $25,000 – $10,000 = $15,000 8% = $1,200

    This is the default method by which the Auto Loan Calculator will calculate sales tax in accordance with Trade-in Value. However, some states do not offer any sales tax reduction with trade-ins, and they are:

    Using the same example above, whereas if the new car was purchased in one of the places above without a sales tax reduction for trade-ins, the sales tax would be:

    This comes out to be an $800 difference, enticing more people in these places to sell cars to private parties instead.

    Vehicle Rebates

    Dealers may offer vehicle rebates to further incentivize buyers. When car manufacturers are pressured into getting rid of cars at lower profit margins, it can be inferred that they probably use rebates as a means of doing so.

    Depending on the state, they may or may not be taxed accordingly. For example, purchasing a vehicle at $30,000 with a cash rebate of $2,000 will have sales tax calculated based on the original price of $30,000, not $28,000. Luckily, a good portion of states do not do this and don’t tax cash rebates. They are Alaska, Arizona, Delaware, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, Oklahoma, Oregon, Pennsylvania, Rhode Island, Texas, Utah, Vermont, and Wyoming.

    Generally, only purchases of new cars are offered rebates because of how uniform and consistent each new car is. Dealers know exactly to the cent where the breakeven point is and if they are still a wide margin over, they can incentivize a potential car buyer by offering a rebate. While some used car dealers do offer cash rebates, they are a rarity due to the difficulty of arriving at true value.

    Quick Tip 5: New cars depreciate as soon as they are driven off the lot, sometimes by more than 10% of their values; this is called off-the-lot depreciation.



    Loan Calculator, car loan interest calculator.#Car #loan #interest #calculator


    Loan Calculator

    A loan is a contract between a borrower and a lender in which the borrower receives an amount of money (principal) that they are obligated to pay back in the future. Most loans can be categorized into one of three categories:

    Car loan interest calculator

    Paying Back a Fixed Amount Periodically

    Use this calculator for basic calculations of common loan types such as mortgages, auto loans, student loans, or personal loans, or click the links for more detail on each.

    Results:

    Paying Back a Lump Sum Due at Loan Maturity

    Results:

    Paying Back a Predetermined Amount Due at Loan Maturity

    Use this calculator to compute the initial value of a bond/loan based on a predetermined face value to be paid back at bond/loan maturity.

    Results:

    First Calculation: Fixed Amount Paid Periodically

    Many consumer loans fall into this category. It contains regular payments that are amortized uniformly over its lifetime. Routine payments are made on principal and interest until the loan is entirely paid off, also known as the loan having matured. These are the most familiar loans such as mortgages, car loans, student loans, and personal loans. In everyday conversation, the word “loan” will refer to this type, not the type in the second or third calculation. Below is a list of loans that fall under this category, along with links to more information and calculators. Use the following for each specific need:

    Second Calculation: Single Lump Sum Due at Loan Maturity

    Many commercial loans or short-term loans are in this category. Unlike the first calculation which is amortized with payments spread uniformly over their lifetimes, these loans have a single, large lump sum due at maturity. Although the lump sum includes a single payment of interest for the whole loan, it is not simple interest but accrued by compounding over the life of the loan. As a matter of fact, this is a typical calculation of how finance textbooks teach interest accumulation. Some loans, such as balloon loans, can also have smaller routine payments during their lifetimes, but this calculation only works for loans with a single payment of all principal and interest due at maturity. Compared with smaller routine payments, there is greater risk with not being able to meet the lump sum payment obligation at the end because of how relatively large it is.

    Third Calculation: Predetermined Lump Sum Paid at Loan Maturity

    This kind of loan is rarely made except in the form of bonds. Technically, bonds are considered a form of loan, but operate differently from more conventional loans. Mainly in that the payment at loan maturity is predetermined, which is the main difference between this calculation and the second calculation, where the maturity payment is not predetermined. The face, or par value of a bond is the amount that is paid when the bond matures, assuming the bond doesn’t default. The term is used because when bonds were first issued in paper form, the amount was printed on the “face”, meaning the front of the bond certificate. Although face value is usually important just to denote the amount received at maturity, it can also help calculate coupon interest payments, which this calculation essentially does. Note that this is mainly for zero-coupon bonds, which do not have coupon payments in between. After a bond is issued, its value will fluctuate accordingly with interest rates, market forces, and many other factors. Due to this, because the face value due at maturity doesn’t change, the market price of a bond during its lifetime can fluctuate.

    Loan Basics for Borrowers

    Interest Rate

    Nearly all loan structures include interest, which is the profit that banks or lenders make on loans. Interest rate is the percentage of a loan paid by borrowers to lenders. For most loans, interest is paid in addition to principal repayment in order to compound over time. Compound interest is interest that is earned not only on initial principal, but on accumulated interest of previous periods also. Loan interest is usually expressed in APR, or annual percentage rate, in which compounding of interest is not accounted for, but fees are. The rate usually published by banks is the annual percentage yield, or APY, in which compounding interest is accounted for. It is important to understand the difference between APR and APY. Borrowers seeking loans can calculate the actual interest paid to lenders based on their given advertised rates by using our Interest Calculator.

    Compounding Frequency

    How often interest on loans compound will affect the total amount of interest paid. Generally, the more frequently compounding occurs, the higher the total amount due on the loan. In most cases, loans compound monthly as APR. Use the Compound Interest Calculator to learn more about or do calculations involving compound interest.

    Loan Term

    Terms of loans refer to how long they last, given that required minimum payments are made each month. For some specific loans such as mortgages or car loans, the terms can shorten if loan payments are accelerated. Terms can affect loan structures in many ways. Generally, the longer the term of a loan, the more interest will be accrued over time, raising the total cost of the loan for borrowers. However, because of a longer horizon to meet the debt obligation, routinely scheduled payments are lowered. Be sure not to confuse loan terms with the terms and conditions (T although T ?>


    Mortgage – Home Loan Repayment Calculator – AMP Bank, loan repayments calculator.#Loan #repayments #calculator


    loan repayments calculator

    To get started, enter either your My Portfolio or BankNet username and password.

    We’ve combined My Portfolio and BankNet. My AMP is your new secure site to access and manage all your AMP accounts.

    Personal

    Business

    Shareholders

    Want to be debt free?

    Important information

    Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.

    Disclaimer

    This calculator is provided by Infochoice.

    The results shown in this calculator are estimates only and are not guaranteed by AMP Bank. They are based on the accuracy of the data entered into the calculator.

    Other than as required by consumer protection law, under no circumstances will AMP Bank and its related bodies corporate be liable for any loss and/or damage caused by a user’s reliance on information obtained by using this calculator.

    AMP Bank and its related bodies corporate specifically disclaim any liability (whether based in contract, tort, strict liability or otherwise) for any direct, indirect, incidental, consequential or special loss and/or damages arising out of or in any way connected with the access to or use of this calculator.

    Any change to the factors used in the calculation would vary the results.

    The calculator and the results provided are generic and do not take into account your personal circumstances. The calculator is a guide only and is not intended to be relied upon for the purposes of making a decision in relation to a credit or financial product. The user should obtain professional financial advice before making any financial decision.

    Any advice given is general advice only and has been prepared without taking account of your objectives, financial situation or needs. Given this, before acting on the advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs before acting on it. Consider the applicable Terms and Conditions before deciding whether to acquire or continue to hold an AMP Bank product.

    The calculator is not an offer for a loan. To apply for an AMP Bank home loan, you must complete an application form and submit it together with all required documentation for assessment. Formal loan approval is subject to AMP Bank lending criteria. All information entered into the calculator will require verification as part of our application process.

    When taking out an AMP Bank loan, certain fees and charges are payable by the borrower. These include but are not limited to Government stamp duty and registration costs, AMP Bank’s Establishment Fee, Lender’s Mortgage Insurance and other fees and charges.

    Fees and charges are payable. Terms and Conditions apply to AMP Bank products and are available upon request.

    The credit provider and product issuer is AMP Bank Limited ABN 15 081 596 009, Australian credit licence 234517, AFSL 234517.



    Compare mortgage, refinance, insurance, CD rates, bank loans calculator.#Bank #loans #calculator


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    Canada Renovation Loan Grants, loan calculator canada.#Loan #calculator #canada


    loan calculator canada

    This Grant offers financial assistance to low-income households who own and occupy substandard housing to enable them to repair their dwellings to a minimum level of health and safety. It is called the Residential Rehabilitation Assistance Program (RRAP).

    Homeowners may apply if: the value of their house is below a specified figure; and their household income is at or below established ceilings (limits) based on household size and area.

    Properties must be lacking basic facilities or require major repair in one or more of five categories: structural; electrical; plumbing; heating; fire safety. Assistance may also be available to alleviate overcrowding. Other criteria may be applicable. Consult CMHC Canada Mortgage Housing Corporations.

    Ask your Area CMHC Consultant what assistance is available for your situation?

    The maximum loan amounts available vary according to the three geographic zones. Additional assistance may be available in areas defined as remote. Maximum Total Loan Maximum Forgiveness

    Southern areas of Canada

    Maximum Loan amount $18,000

    Maximum Loan Forgiveness $12,000

    Northern areas of Canada $21,000

    Maximum Loan Forgiveness $14,000

    Far northern areas, Northwest Territories, Yukon, Labrador and northern Quebec

    Maximum Loan Amount $27,000

    Maximum Loan Forgiveness $18,000

    IMPORTANT: Work carried out before the loan is approved in writing is not eligible for funding under this program.

    Other CMHC programs are available to assist eligible Canadians with repairs to substandard housing, housing modifications and adaptions for persons with disabilities and seniors.

    In some areas of Canada, the Government of Canada, and the provincial or territorial government provide funding for these or similar programs jointly. In these areas, the provincial or territorial housing agency may be responsible for delivery of the programs. Program variations may also exist in these areas.



    Financial Calculator, Free Online Calculators from, consolidation loan calculator.#Consolidation #loan #calculator


    Calculator

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    Mortgage – Home Loan Repayment Calculator – AMP Bank, home loan repayment calculator.#Home #loan #repayment #calculator


    home loan repayment calculator

    To get started, enter either your My Portfolio or BankNet username and password.

    We’ve combined My Portfolio and BankNet. My AMP is your new secure site to access and manage all your AMP accounts.

    Personal

    Business

    Shareholders

    Want to be debt free?

    Important information

    Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.

    Disclaimer

    This calculator is provided by Infochoice.

    The results shown in this calculator are estimates only and are not guaranteed by AMP Bank. They are based on the accuracy of the data entered into the calculator.

    Other than as required by consumer protection law, under no circumstances will AMP Bank and its related bodies corporate be liable for any loss and/or damage caused by a user’s reliance on information obtained by using this calculator.

    AMP Bank and its related bodies corporate specifically disclaim any liability (whether based in contract, tort, strict liability or otherwise) for any direct, indirect, incidental, consequential or special loss and/or damages arising out of or in any way connected with the access to or use of this calculator.

    Any change to the factors used in the calculation would vary the results.

    The calculator and the results provided are generic and do not take into account your personal circumstances. The calculator is a guide only and is not intended to be relied upon for the purposes of making a decision in relation to a credit or financial product. The user should obtain professional financial advice before making any financial decision.

    Any advice given is general advice only and has been prepared without taking account of your objectives, financial situation or needs. Given this, before acting on the advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs before acting on it. Consider the applicable Terms and Conditions before deciding whether to acquire or continue to hold an AMP Bank product.

    The calculator is not an offer for a loan. To apply for an AMP Bank home loan, you must complete an application form and submit it together with all required documentation for assessment. Formal loan approval is subject to AMP Bank lending criteria. All information entered into the calculator will require verification as part of our application process.

    When taking out an AMP Bank loan, certain fees and charges are payable by the borrower. These include but are not limited to Government stamp duty and registration costs, AMP Bank’s Establishment Fee, Lender’s Mortgage Insurance and other fees and charges.

    Fees and charges are payable. Terms and Conditions apply to AMP Bank products and are available upon request.

    The credit provider and product issuer is AMP Bank Limited ABN 15 081 596 009, Australian credit licence 234517, AFSL 234517.



    Financial Calculator, Free Online Calculators from, home loans calculator.#Home #loans #calculator


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    Choice Home Loans – Mortgage Broker Specialists, home loans calculator.#Home #loans #calculator


    Choice Home Loans

    Home loans calculator

    Introducing realestate.com.au Home Loans

    Introducing realestate.com.au Home Loans

    As at 28th of September, Choice Home Loans will be transitioning into a new brand called realestate.com.au Home Loans. This is an exciting new offer which will help Australians to access the help and experience of a mortgage broker through the digital channles they’re already using to find their new home.

    The Choice Home Loans brand and many of their brokers will either be transitioning to the realestate.com.au Home Loans brand or their own brand over the next few months. We’ve indicated the brokers who will be operating under realestate.com.au Home Loans by adding the logo on their profile picture and pages.

    So while your brokers brand will change, the great service and expertise you’ve come to expect from them won’t. Contact your broker for more information.

    Better advice through better listening

    Choice Home Loans has a reputation for excellent service and a commitment to providing better advice through better listening. We have over 150 mortgage brokers around Australia, who will offer you tailored advice to find you the right loan solution for your needs.

    Your Choice Home Loans broker comes to you, free of charge, and works with you through all aspects of your home loan application, right through to being handed the keys.

    With a Choice Home Loans broker, you’ll have:

    Home loans calculator

    Local experts

    With brokers all across Australia, you can be confident there is a professional near you with in-depth knowledge of your local area.

    Home loans calculator

    Ongoing trusted advice

    We believe in the power of advice to help you both now and into the future as your circumstances and needs change.

    Home loans calculator

    Greater choice

    Financial solutions aren t one-size-fits all, and our extensive range of lenders and products ensures we have the right solution for each individual.



    Home Loans Adelaide – Assured Home Loans for Buyers – Investors, home loans calculator.#Home #loans #calculator


    Welcome to Assured Home Loans

    No fee for our advice

    Group Established 1988

    Home loans calculator

    Welcome to Assured Home Loans

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    Find a home loan that s right for you. Talk to a home loan expert today!

    Welcome to Assured Home Loans

    When you buy a home, refinance or invest in property, it’s so much more than just taking out a mortgage. That’s why we offer home loans that suit your lifestyle. At Assured there are no bank managers, push button options or overseas call centres, just straight talk and loans designed to give you the freedom and flexibility you need to get on with living.

    We’ve been in business for almost 30 years, so you know you’re placing your trust where many other customers have before you.

    We have access to over 30 bank and non-bank lenders, (including the big 4), and over 1,300 home loan options and our advice is 100% free. That means you receive a huge range of choice, and save both your time and money.

    Feel free to take your time browsing through our site, because it was designed just for you. You’ll find all the answers you need about mortgages and home loans. When you’re ready you can make an online enquiry, apply online or give us a call on: 83 600 200, the choice is yours, so choose home loans for living.



  • Compare Home Loans – Home Loan Comparison, iSelect, bridging loan calculator.#Bridging #loan #calculator


    Compare home loans

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    iSelect’s Borrowing Power Calculator gives you an indication of the maximum amount you may be able to borrow based on your income and expenses. Read more

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    Find out how much you could potentially save by refinancing your loan. Read more

    Extra Repayments Calculator

    When it comes to home loans, a little extra can go a long way. Find out how much time and interest can I save by paying more than my minimum repayment. Read more

    Loan Comparison Calculator

    Compare two loans and determine which is the cheapest in total fees and interest. Read more

    Home Loan Calculator

    It’s no secret that buying a property is a big financial commitment. That’s why it’s so important to make sure you’re comfortable with the ongoing repayments. Work out what your minimum weekly, fortnightly or monthly repayments would be on your home loan. Read more

    Stamp Duty Calculator

    Stamp duty adds significantly to the cost of buying a property. Find out just how much it will cost in your state or territory. Read more

    Lump Sum Calculator

    Find out how much money and time you could save by making a lump sum payment on your loan. Read more

    Split Loan Calculator

    Calculate your repayments & total interest under different fixed & variable rate scenarios. Read more

    We compare some of Australia’s biggest brands

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  • Loan Calculator and Payment Schedule, Not a Toy, amortized loan calculator.#Amortized #loan #calculator


    Loan Calculator

    Since you may have happened upon this loan calculator to calculate a monthly payment, I’ll cut to the chase. You’ll only need to enter three numbers, and you can leave the other dozen or so options untouched.

    Here’s all you need to do.

    • Click clear and enter values for:
      • Loan Amount
      • Number of Payments
      • Annual Interest Rate
    • Leave Loan Payment Amount set to 0.
    • Click either Calc or Payment Schedule.

    There you have it. Now you have what you need.

    This calculator though offers users so much more. Spend a few minutes with it, and you’ll see. More below.

    Will making small, extra payments save me money?
    Will paying half the monthly payment every other week save interest charges?
    Buying or selling real estate?

    VERY IMPORTANT – You must enter a 0 if you want a value calculated. Some users have been frustrated by this. They want to know why the calculator does not just recalculate a payment if they have changed the loan amount, interest rate or term.

    This is because we want the calculator to be able to create an amortization schedule using whatever parameters you want to use. This behavior is a feature! After all, there is no such thing as a correct loan payment. The payment amount is correct as long as both the lender and debtor agree to it!

    ABOUT DATES – This calculator now allows irregular length first periods. That is, the calculator calculates the exact amount of interest due even when the initial period is shorter or longer than the other scheduled periods. This will result in payment amounts as well as interest charges that do not match other calculators. If you want to match other calculators then set the Loan Date and 1st Payment Date so that the time between them equals one full period as set in Payment Frequency . Example: If the Loan Date is May 15th and the Payment Frequency is Monthly, then the 1st Payment Date should be set to June 15th, that is IF you want a conventional interest calculation. See the end of the Help text for some more details.

    Of course, you can always leave the dates set as they are when the calculator loads.

    Much More Than a Payment Calculator

    Since the calculator will solve for multiple unknowns, it can easily be used to answer the following questions:

    • How much can I borrow?
    • What would my payment be?
    • What is the lending rate?
    • How long will it take to pay off my loan?
    • What date is my loan paid off?
    • NEW – what is the impact of extra payments?

    Amortized loan calculator

    See the payment schedule for total interest saved.

    Loan Calculator Help.

    This calculator will solve for any one of four possible unknowns: Amount of Loan , Total Scheduled Periods (term), Annual Interest Rate or the Periodic Payment .

    Enter a ‘0’ (zero) for one unknown value.

    The term (duration) of the loan is a function of the Total Scheduled Periods and the Payment Frequency . If the loan is calling for monthly payments and the term is four years, then enter 48 for the Total Scheduled Periods . If the payments are made quarterly and the term is ten years, then enter 40 for the Total Scheduled Periods .

    The Amortization Method should be set to Normal (level payments) unless you have a specific reason to set it to another method. Fixed Principal causes the amount allocated to principal to be the same each period which result in decreasing payments.

    If the terms of the loan call for a 0% interest rate, then the Amortization Method must be set to No Interest, otherwise entering a zero for Annual Interest Rate? will cause the calculator to calculate an interest rate. Selecting No Interest, also lets the user set the payment amount to 0 to tell the calculator to calculate it.

    When the first period, the period of time between the loan date and the first payment date is longer than one full period, there will be interest due for the extra days . This is known as odd day interest. Example: if the loan date is March 24 and the first payment date is May 1, then there are 8 odd days of interest – March 24th to April 1st. How the odd day interest is calculated and collected is controlled with the Long Period Options. By default, the odd days interest is shown being paid on the loan date.

    Conversely, if the time between the loan date and first payment date is less than the payment period set, then the first period is said to be a short initial period and the first payment will be reduced due to less interest being owed. How the payment amount and interest is calculated for a short period is determined by the Short Period Options.

    On a more general note, we have been discussing details about loans, some structured with unusual features, over several decades. At this point, we believe our software calculators can create a schedule for any structured settlement loan that exists. If you have a loan with special requirements, please ask.

    Hopefully, you’ll find this loan calculator as well as all the financial calculators on this site to be useful tools. Why not take another sip of your favorite beverage and explore for a few minutes? Start by checking out The Reading Room. Here you’ll find a half dozen articles, written by professionals, about money.



    Car Payment Calculator, Car Affordability Calculator, NADAguides, car note calculator.#Car #note #calculator


    Car Payment and Affordability Calculator

    When you’re in the market for new or used cars, it can get rather daunting when you have no idea where to start. One of the keys to a successful car purchase is knowing what you can afford. This car payment calculator takes all the hard work out of making a sound financial decision. Simply enter in your desired monthly payment or vehicle price and it will return your results. In addition to finding results, we will present you with a list of recommended vehicles that is tailored to your budget.

    Car note calculator

    Car note calculator

    Car note calculator

    Car note calculator

    Car note calculator

    Car note calculator

    Car note calculator

    Car note calculator

    Car note calculator

    Car note calculator

    Car note calculator

    Car note calculator

    Car Payment and Affordability Calculator Help

    Auto Ownership Education Center

    This tool provides estimated monthly payments and estimated APRs for illustrative purposes only. Actual price and payments may be different due to local rebates, specials, fees, and credit qualifications. Consult your dealer for actual price, payments, and complete details.

    Pricing shown may exclude a document fee, destination/delivery charge, taxes, title, registration, service contracts, insurance or any outstanding prior credit balances. Optional equipment not included. Option pricing is based on the manufacturer’s suggested retail price.

    For purposes of calculating your monthly payment, the estimated Manufacturer’s Suggested Retail Price (MSRP) was used. Not all terms are available in all areas. Terms may vary based on creditworthiness.

    The price shown is for qualified, eligible customers. Actual dealer price will vary.

    Many variables, including current market conditions, your credit history and down payment will affect your monthly payment and other terms. See your local dealer for actual pricing, annual percentage rate (APR), monthly payment and other terms and special offers. Pricing and terms of any finance or lease transaction will be agreed upon by you and your dealer.

    The estimated monthly payment is based upon the credit rating of 800.

    An APR is the cost of your credit as a yearly rate. User APR Payment calculations are based an APR and term. The initial APR is provided for estimation purposes only and you may change it at any time. However, you may not be able to finance your vehicle at this rate. See your local dealer for details and actual available terms and conditions.

    You may not be able to finance your vehicle at the rate provided.

    Incentives and Rebates

    Incentive and finance offers shown may not be available to all customers. Incentives lists are examples of offers available at the time of posting and are subject to change.

    Not all incentives can be redeemed together. To take advantage of rebates, incentives and/or financing offers you may be required to take new retail delivery from dealer stock by the expiration date noted.

    The “Net Trade-in” is an estimate only and many factors that cannot be assessed without a physical inspection of the vehicle may affect actual value. NADAguides is not responsible for and does not guarantee the \”Net Trade-in\” information. Please see your local dealer for information regarding actual trade-in availability and value.

    Your ZIP Code helps us calculate your payments and offers.

    Photos, Pictures and Vehicle Images

    Images shown may not necessarily represent the actual vehicle used to calculate the estimate. Vehicles shown may have optional equipment at additional cost.



    Used Car Valuation Calculator, car note calculator.#Car #note #calculator


    Used Car Valuation Calculator. Self Valuation of Used Car Price

    Car note calculator

    Buying or Selling a Used Car. Know how to Self Evaluate the Valuation Price of Used Car Online in India without any Dealer or Broker Assistance

    Used Car Valuation

    Important factors for both Buyer and Sellers which determines the valuation price of the vehicle.

    » Physical Condition of Vehicle: Check and Inspect Interiors, Exteriors, Dents, Paint Peel Off, Rusts

    » Drive-ability Condition: Any Noise from Engine, Suspension, Underneath, Cornering, Speed Lag, Glitches in Drive-ability and car value erodes substantially.

    » Car Functions: AC, Power Window, Central Lock, Steering, Lights, Indicators, Door Locks etc

    » Service History: Are all Scheduled Servicing done on time. Is Authorized Workshop Bills documented

    » Accidental History: Insurance Claims – check NCB, Accidental History of Vehicle, Door Panels, Gaps on Body

    » Mileage: How many Kms Driven. If less than 200 Kms a month then its a concern too

    » Vehicle Model in Production: If vehicle Model is discontinued, then the Spare Parts are slight costlier. Even in case of Maruti or Hyundai – for Esteem or Accent – Spares are slight costlier than the existing similar range. Same for other Manufacturer Models too

    » RC Details: 1st Original Owner or 2nd Owner. Do not miss to tally on ID Proof of Buyer with RC. Also check Bank Hypothecation, tally on Insurance Chassis number and RC Chassis number with Imprint of Car Chassis number

    Self Valuation of Used Car

    Valuation Grid is dependent on Net On road Price, after Discounts of New Car Model (or existing comparable similar Model)

    Below Valuation Grid is Updated for Used Car Purchase and Sale in 2017 – after NGT Recommendation of Ban on Plying of 10yr Old Diesel 15 yr Old Petrol Cars

    RTO Offices in Most of Cities are now denying Re-registration of 15 yr Old Cars. Also 10yr Old Diesel Cars are been imposed a ban

    Petrol Car Valuation Grid

    Note: Scrap Value is of Rs 15K – 25K in most of Hatch, Premium Hatch, Compact Sedan. While Rs 50K for Mid SUV, Mid Sedan, Executive Segment

    How to Get Better Valuation Price

    First Impression: The First and Foremost. First Impression is Last Impression. Get the Car Cleaned from Interiors, Exteriors Washed with Minor Dents removed, Paint touch up, Add on Perfume, Floor Carpets Cleaned. These Small things can help in jacking up Price to as high as 10K – 15K on Hatch and even 20K – 25K on Sedan Cars.

    Remember – No Individual would be much inclined to give you the fair price of the car, what so ever – less driven or highly fuel efficient if the body condition, interiors and exteriors are not good.

    Tyre Condition: Tyre Condition matters a lot. If replaced tyres less than 20K Kms or less than 2 yrs – have the bill documented. You can jack up the price by Rs 10K

    Vehicle Service History: If Entire Service History is documented with all previous Services were Scheduled on time, you can jack up the resale price to reasonable levels of as high as

    5% over and above the Fair resale value. (4 to 7 yr OId Petrol, 3 to 5 yr Old Diesel)

    10% over and above the Fair resale Value (8 to 12 yr Old Petrol, 6 to 8 yr Old Diesel)

    Wear Tear Items : Matters highly especially to Individual Buyers – if Clutch Overhaul, Brake Pads, AC Servicing, Suspension related Work, Drive Belts, Battery etc were replaced in last 10K – 15K Kms or less than 2 yr whichever earlier – do highlight. Highlight the niggle free work for buyer.

    It would help in negotiating the price value with an edge to Seller



    Car Loan Calculator – Loan Payment Estimator, car note calculator.#Car #note #calculator


    car note calculator

    Car note calculator

    The first step is to enter the details of the proposed car loan in the fields to the left:

    • Vehicle Price – The price that you will pay for your vehicle
    • Down Payment – The amount of money that you will be putting down yourself on the car
    • Trade In – If you will be trading in your current car, put its expected value here
    • Owed on Trade – If you will be trading in and owe money on that vehicle, enter the amount here
    • Interest Rate – The interest rate that you will pay on the loan
    • Sales tax – The amount of sales tax levied in your area, this will be added to the vehicle price
    • Term (Months) – The number of months that your loan will run over, typical terms for a car loan are 36, 48 or 60 months
    • Start Date – This is the day that you sign your car loan contract, the first payment will come due one month later

    Once you enter your details click “Calculate” and your loan information will be generated.

    Understanding the Results

    There are four main sections in the results:

    Loan Summary

    This section gives you a brief summary of the proposed auto loan which includes the expected monthly payment, the total cost of the loan, total interest paid over the life of the loan and the date that the loan will be paid off in full. If you are simply trying to determine the monthly payment then this section is all you will need.

    Cost Breakdown Chart

    This pie chart provides a visualization of the total costs showing both the principal and interest paid over the term of your contract.

    Principal Balances Chart

    This chart shows you the balance of your loan at the end of each month over the term. Hovering the mouse over the line will popup a tooltip with the exact balance amount.

    Amortization Tables

    The final section is the amortization tables, there are three tabs here, the first shows your car loan amortized yearly, the second shows the monthly amortization for people who need full details and the third provides some further information breaking down all of the costs individually.

    Each row on these amortization tables gives you a snapshot of your loans position at the end of the specified year or month and tells you exactly how much principal and interest you would pay, and the remaining balance at that point in time.

    Final Note

    While this auto loan calculator should be highly accurate and give you a solid idea about the costs of a proposed car loan, it is not professional advise and should not be relied upon when making your final purchasing decision. Always talk to a professional directly and fully understand what you are getting into before signing a loan contract.



    Amortization Schedule Calculator, loan amortization calculator.#Loan #amortization #calculator


    Amortization Schedule

    Currently the Amortization Schedule Calculator is the most popular financial calculator on this website. It calculates one of four unknowns or you can provide all the values. You are also in control of the loan and first payment dates. More below.

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    Will paying half the monthly payment every other week save interest charges?

    Loan amortization calculator

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    Related: Need to amortize a really big debt? US National Debt Calculator handles debts to $99 trillion. Amortize entire debt or your family’s share of the debt (surprise!). Also, generic use for bond coupon schedules.

    Important Note About Dates: This calculator allows irregular length first periods. That is, the calculator calculates the exact amount of interest due even when the initial period is shorter or longer than the other scheduled periods. This will produce interest charges that do not match other calculators . If you want to match other calculators then set the Loan Date and 1st Payment Date so that they equal one full period as set in Payment Frequency . Example: If the Loan Date is May 15th and the Payment Frequency is Monthly , then the 1st Payment Date should be set to June 15th, that is IF you want a conventional interest calculation. See the end of the Help text for some more details.

    Loan Payment Schedule Help

    Every loan has four primary attributes or variables. (1) The loan amount, (2) the number of payments, (3) the annual interest rate and (4) the payment amount.

    Enter any 3 values and zero (‘0’) for the unknown value. Click the [Calc] button to solve for the unknown and create a schedule.

    Note: you can enter a non-zero value for all 4 variables. In that case, your inputs will be used to create the amortization schedule.

    The Loan Date is the date the monies are advanced. It is also called the origination date .

    The First Payment Date is the date the first payment is due. It may be the same date as the Loan Date but not usually. When they are the same, this is known as Payment-in-Advance . Leases are typically paid-in advance.

    Payment Frequency determines how often payments are due. Monthly is the most common in the USA.

    Compounding impacts how interest is calculated. In most cases Compounding should equal the Payment Frequency .

    Points are charged on some loans by the lender. Points are expressed as a percentage of the loan amount. A 300,000.00 loan with 2 points results in an extra fee due the lender of 6,000.00. Points are common for mortgages in the US only. Normally, you will want to leave this input set to 0.0%.

    The Amortization Method should usually be set to Normal . If the loan originates in Canada then you’ll want to set this to the Canadian method. In some special cases loans will have only the interest paid as the regular payment or no interest at all. In that case, you can set the Amortization Method to accommodate those types of loans. The Rule-of-78’s is sometimes used for car loans or other consumer loans.

    To print any loan schedule, click on Print Preview and then Print this schedule .

    When the first period, the period of time between the loan date and the first payment date is longer than one full period, there will be interest due for the extra days . This is known as odd day interest . The odd day interest, with this schedule, is shown as being paid on the loan date. Example: if the loan date is March 24 and the first payment date is May 1, then there are 8 odd days of interest – March 24th to April 1st.

    Conversely, if the time between the loan date and first payment date is less than the payment period set, then the first period is said to be a short initial period and the first payment will be reduced due to less interest being owed.

    What is amortization? According to vocabulary.com, amortization means a debt is being paid off by a series of payments . When people search for an amortization calculator, they search for it using many different search phrases. If you are searching for any of these financial calculators, this calculator should meet your needs. If it doesn’t, feel free to tell me what you need in the comment area below and there is a good chance I’ll be able to make a recommendation.

    Related: Don’t over pay, don’t under collect. If you need to track payments on the exact date they are paid (or missed) for whatever amount, then use the loan payoff calculator. For a step-by-step example see the payoff calculation tutorial.

    This website has dozens of financial calculators that create various amortization schedules, payment schedules, withdrawal schedules and general cash flow schedules. This is a complete list of our free, online calculators. Feel free to surf!

    Need More Features?

    auto loan calculator have all recently been updated.

    • Supports setting dates – just like this calculator
    • User controls when and how odd day interest is due
    • Do what-if with extra payments
    • User can select last month for year end totals


    Loan Amortization Calculator, free loan calculator.#Free #loan #calculator


    Amortization Calculator

    Payment Summary

    Our free Amortization Calculator app is now available to download in the Google Play marketplace.

    Free loan calculator

    What is an amortization calculator?

    An amortization calculator determines payment information for any type of loan although it is most commonly used for mortgages. It requires a starting amount (principal), an annual interest rate and a length in years or months (term). Based on that information it calculates the monthly payment that is required to pay off the loan in the term length. In most cases, it is assumed the interest rate is fixed and does not change over the course of the loan. It is also assumed that there is only one payment per month.

    How is the monthly payment determined?

    Calculating the monthly payment amount requires a complex formula because it has to account for interest. Each month the amount of interest that is owed changes as the remaining balance of the loan decreases. Taking this into consideration, the formula generates the exact amount that needs to be paid each month to account for interest and be able to pay off the loan in the term length. Don’t worry about the specifics of this formula as is it is much too complex to calculate yourself!

    What is an amortization schedule?

    Most amortization calculators will also give you the option to generate an amortization schedule. Think of an amortization schedule like a detailed payment plan for your loan. It lists each payment and breakdowns how much of that payment is interest and how much goes toward the principal. It will also track the remaining principal and how much total interest you’ll end up paying. Be aware that amortization schedules are somewhat simplified as they don’t account for taxes, fees, extra payments, refinancing or changes in the interest rate. Additionally, rounding needs to be done to display payment amounts so that can be lead to results that appear slightly different but are still accurate.



    Simple Interest Calculator, simple loan calculator.#Simple #loan #calculator


    Simple Interest Calculator

    This simple interest calculator calculates interest between any two dates. Per Dictionary.com simple interest is interest payable only on the principal . Interest is never earned or collected on previous interest. More below.

    Do you have 3 minutes for your future?
    Need to calculate a rate of return on multiple investments?
    Saving for a Future Expense?

    Simple interest is the interest calculation method that is least beneficial to savers and the most beneficial to borrowers. But note, if payments on a debt are paid as frequently as the compounding and the payment covers the interest due, then even if the terms of the loan call for compounding, there will be no impact on the total amount paid because at no point will there be any unpaid interest.

    When the terms of a debt call for a simple interest calculation, if a payment does not cover the interest due, the unpaid interest must be tracked separately from the unpaid principal balance (also known as the US Rule). We believe that our Time Value of Money Calculator is the only online financial calculator that gives users this option and creates a schedule that shows the unpaid interest balance.

    Simple Interest Calculator Help

    Enter an amount and a nominal annual interest rate.

    Date Math: If you change either date, days between dates will be calculated. If you enter a positive number of days, the end date will be updated. If you enter a negative number of days the start date will be updated.

    The above means you can calculate interest for a specific number of days and not worry about what the dates are. If you need to know the interest for 31 days, then enter 31 for the number of days and don’t worry about the dates.

    Set the compounding and days-in-year. Click Calc . Interest and future value are calculated (FV is starting amount plus the interest.) Annual percentage yield is used for comparing investments. It is the rate institutions must quote in the US for interest bearing accounts. The holder of such an account can use the APY to compare accounts.

    Interest is calculated based on the number of days. In this case, the amount of interest will be different for February and March.

    This site also has a Compound Interest Calculator

    Simple loan calculator

    Do You Have 20 Seconds?

    70 thoughts on simple-interest-calculator

    Comment navigation

    I found this today through need and it did exactly what I wanted it to do. It was very easy to work out and use. Good work.

    Bank staff wouldn t tell me how to compare income from higher-rate fixed term deposit (of say $2000) with income from lower compounding rate in online account. Eventually compounded income has to catch up but in 3 or 30 years? Makes it hard to decide which a/c to put your money in.

    Haven t tried a test run on your website yet.

    There s a better calculator for you to use. Compound Interest Calculator. It allows the user to calculate both compound and simple interest. Hope you found it.

    You re the man Karl. This calculator rocks!

    Do you have or know of a calculator I can use to calculate simple/balloon interest for multiple loan amounts with the same interest rate that are all invested into the same investment on multiple dates but all get paid off on the same single date? I am a builder and we often borrow money from private investors for the same project. For example, Investor Karl gives me $300k on 2/1/2016 to purchase the investment property/house to have some initial working capital. When the $300k is all used up, I borrow another $100k from Investor Karl on 6/15/2016. When that is used up, I borrow another $100k from Investor Karl on 12/1/2016. I need just $50k more to finish up renovating or building the home, so I borrow $50k more from Investor Karl on 2/1/2017. ALL of the loans are at a standard 8% interest rate with a balloon interest payment all principle paid back at the same time upon closing the sale of the subject renovated or new home, which let s say is happening tomorrow, 4/1/2017. I owe Karl a check for $550k to return all loans immediately after closing on 4/1/2017. To figure out the check I owe Karl for interest on his multiple loan amounts starting on multiple dates I enter into your simple interest calculator each start date (which varies), each loan amount (which varies), and the interest rate (which remains the same 8% in this case) end date (which remains the same 4/1/2017 in this case) 4 separate times to calculate the interest on the 4 loans and then I write them down and add them up. This example is pretty easy, but on projects where I may have 18 different loan amounts on 18 different dates it gets time consuming to do 18 different interest calculations and add them all up in the end for a final total interest figure. If you had a calculator that would allow a borrower or investor to calculate total simple interest owed on multiple loan amounts on varying dates over time to be paid back all on the same day (upon a closing), that would be sweet!

    Hi Jon, this calculation can easily be done by the Ultimate Financial Calculator on this site. Scroll down the page and there is a list of financial calculations. Check them out. Everyone should look at #1 to get an overview of how the calculator works. Then you ll be most interested in:

    11. Construction Loan

    Generally a short term loan with multiple borrows

    And I m not sure from your example, if you ll need this one or not. You might if you make periodic interest only payments.

    14. Interest Only Loan

    Initial series of interest only payments

    Basically what you ll be doing is entering the investment you mention as loans . The final line will be an Unknown payment amount on the date you expect to pay it back. The calculator will calculate accrued interest and principal due.

    Please let me know how this works for you.

    This calculation has saved me so many times

    From having a nervous breakdown when I have to do interest once a month. I would not hesitate to recommend it to anyone. Thank you for making it simple. This is a blessing from God

    Please consider an update to the functionality of the date ranges. If I have to change just the month, I have to delete the whole thing. I wish I could just click and change specifically what I want. Also, remove the requirement to add a 0 before a month (05/01/2017). Other programs I use requiring me to enter a date range are more user friendly. This one has a learning curve for me and I do use it often for me job.

    Thank you for your consideration.

    Hi JT, sorry not to reply yesterday. Time just got away from me.

    No doubt about it, date entry has caused users (and me) more headaches than anything else on this site. I am a bit confused as to how you are entering or changing dates. Do you want to type a date or do you want to use the pop-up calendar?

    If you want to type dates, do not try to edit them. When you tab to a date input, the date will be selected. Though it would seem to be faster to edit a date, in fact, typing 8 numbers is faster than trying to use a cursor key (which are blocked) and moving the input point a couple of digits, then use delete or backspace and then finally typing a month. (Or alternatively, taking your hand off the keyboard and using the mouse to click on the month part say and then edit it).

    So, if typing, and if you re in the US, just tab to a date, and type:

    for today. Don t type the date part separators even.

    If you want to change the date with the mouse, click on the calendar. If you want to change the month only, after the calendar opens, click in the top center on the current month and the calendar changes to month display. Select the month. Click the date again and the calendar will close. So, by my count, it takes 3 clicks of the mouse, if you want to use the calendar, to change to any month in the current year.

    Note the image of the calendar to the right of the calculator is attempting to get usage across.

    About dropping the 0 in the date. That makes the code for handling dates a lot more complex. Having a date that is typed in always be 8 digits reduces complexity by many time, especially when supporting international date conventions.

    I m using it to calculate late payment penalties owed. Worked just fine, thank you for the site.



    Car Loan Calculator, Car Finance Calculator, IMB Australia, simple loan calculator.#Simple #loan #calculator


    Car Loan Calculator

    Simple loan calculator Simple loan calculator

    Use this calculator to see if you can afford to buy that car. It’s simple to work out how much money you can borrow and what your repayments will be.

    How much would my loan repayments be?

    Which personal loan suits me?

    How old is the car you’re buying?

    Available for vehicles that are new or up to 2 years old

    • Borrow up to $75,000
    • No penalty for early repayments
    • Flexible terms from 1 to 7 years
    • No ongoing account keeping fees
    • Upfront conditional approval

    Simple loan calculator Simple loan calculator

    Available for vehicles that are new or up to 6 years old

    • Borrow up to $60,000
    • No penalty for early repayments
    • Flexible terms from 1 to 5 years
    • No ongoing account keeping fees
    • Upfront conditional approval

    Simple loan calculator Simple loan calculator

    Available for vehicles of any age

    • Borrow up to $20,000
    • No security required
    • Flexible terms from 1 to 5 years
    • No ongoing account keeping fees
    • Upfront conditional approval

    Established in 1880, IMB has been helping people achieve their financial goals for 135 years . IMB offers a full range of banking solutions including home and personal lending, savings and transaction accounts, term deposits, business banking, financial planning and can arrange a wide range of insurance and travel products.

    IMB has a growing branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you. IMB members enjoy free automated phone and internet banking and a team of professionals who are just a phone call away at our locally based call centre.

    Simple loan calculator

    We have consistently recieved satisfaction ratings of 96% from our members.

    Simple loan calculator

    Around 75% of IMB members don’t pay transaction fees.

    Simple loan calculator

    Supporting Your Community

    The IMB Community Foundation has provided $7.1 million to support more than 450 projects since 1999.

    This information is provided to assist you in making your purchase. It does not take into account everything you need to consider when purchasing a car and should not be relied upon solely in making your purchase. Rates current as at date of appearance and subject to change. 1.The IMB New Car Loan is available for vehicles that are new or up to 2 years old. 2.Comparison rate is based on a $30,000 secured loan over 5 years. WARNING: This comparison rate applies only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts may result in different comparison rates.3. Conditional approval is given to successful applicants and is valid for 60 days. Conditions include the provision of verification documents and security satisfactory to IMB. 4. Fees quoted are for new applications only. Application fee includes one valuation. Valuation costs over above single/primary security are to be covered by the borrower. Other fees and charges apply. 5. Other fees and charges apply 6. New Car and Secured Personal Loans over $35,000 may incur government costs. 7. 7. Source: 2016 Member Satisfaction Survey, Discovery Research. Normal IMB lending criteria, terms and conditions, fees and charges apply. IMB Ltd trading as IMB Bank ABN 92 087 651 974 AFSL/Australian Credit Licence 237 391.

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    Car Loan Calculator – Loan Payment Estimator, car calculator payment.#Car #calculator #payment


    car calculator payment

    Car calculator payment

    The first step is to enter the details of the proposed car loan in the fields to the left:

    • Vehicle Price – The price that you will pay for your vehicle
    • Down Payment – The amount of money that you will be putting down yourself on the car
    • Trade In – If you will be trading in your current car, put its expected value here
    • Owed on Trade – If you will be trading in and owe money on that vehicle, enter the amount here
    • Interest Rate – The interest rate that you will pay on the loan
    • Sales tax – The amount of sales tax levied in your area, this will be added to the vehicle price
    • Term (Months) – The number of months that your loan will run over, typical terms for a car loan are 36, 48 or 60 months
    • Start Date – This is the day that you sign your car loan contract, the first payment will come due one month later

    Once you enter your details click “Calculate” and your loan information will be generated.

    Understanding the Results

    There are four main sections in the results:

    Loan Summary

    This section gives you a brief summary of the proposed auto loan which includes the expected monthly payment, the total cost of the loan, total interest paid over the life of the loan and the date that the loan will be paid off in full. If you are simply trying to determine the monthly payment then this section is all you will need.

    Cost Breakdown Chart

    This pie chart provides a visualization of the total costs showing both the principal and interest paid over the term of your contract.

    Principal Balances Chart

    This chart shows you the balance of your loan at the end of each month over the term. Hovering the mouse over the line will popup a tooltip with the exact balance amount.

    Amortization Tables

    The final section is the amortization tables, there are three tabs here, the first shows your car loan amortized yearly, the second shows the monthly amortization for people who need full details and the third provides some further information breaking down all of the costs individually.

    Each row on these amortization tables gives you a snapshot of your loans position at the end of the specified year or month and tells you exactly how much principal and interest you would pay, and the remaining balance at that point in time.

    Final Note

    While this auto loan calculator should be highly accurate and give you a solid idea about the costs of a proposed car loan, it is not professional advise and should not be relied upon when making your final purchasing decision. Always talk to a professional directly and fully understand what you are getting into before signing a loan contract.



    Car Payment Calculator, Car Affordability Calculator, NADAguides, car calculator payment.#Car #calculator #payment


    Car Payment and Affordability Calculator

    When you’re in the market for new or used cars, it can get rather daunting when you have no idea where to start. One of the keys to a successful car purchase is knowing what you can afford. This car payment calculator takes all the hard work out of making a sound financial decision. Simply enter in your desired monthly payment or vehicle price and it will return your results. In addition to finding results, we will present you with a list of recommended vehicles that is tailored to your budget.

    Car calculator payment

    Car calculator payment

    Car calculator payment

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    Car calculator payment

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    Car calculator payment

    Car calculator payment

    Car Payment and Affordability Calculator Help

    Auto Ownership Education Center

    This tool provides estimated monthly payments and estimated APRs for illustrative purposes only. Actual price and payments may be different due to local rebates, specials, fees, and credit qualifications. Consult your dealer for actual price, payments, and complete details.

    Pricing shown may exclude a document fee, destination/delivery charge, taxes, title, registration, service contracts, insurance or any outstanding prior credit balances. Optional equipment not included. Option pricing is based on the manufacturer’s suggested retail price.

    For purposes of calculating your monthly payment, the estimated Manufacturer’s Suggested Retail Price (MSRP) was used. Not all terms are available in all areas. Terms may vary based on creditworthiness.

    The price shown is for qualified, eligible customers. Actual dealer price will vary.

    Many variables, including current market conditions, your credit history and down payment will affect your monthly payment and other terms. See your local dealer for actual pricing, annual percentage rate (APR), monthly payment and other terms and special offers. Pricing and terms of any finance or lease transaction will be agreed upon by you and your dealer.

    The estimated monthly payment is based upon the credit rating of 800.

    An APR is the cost of your credit as a yearly rate. User APR Payment calculations are based an APR and term. The initial APR is provided for estimation purposes only and you may change it at any time. However, you may not be able to finance your vehicle at this rate. See your local dealer for details and actual available terms and conditions.

    You may not be able to finance your vehicle at the rate provided.

    Incentives and Rebates

    Incentive and finance offers shown may not be available to all customers. Incentives lists are examples of offers available at the time of posting and are subject to change.

    Not all incentives can be redeemed together. To take advantage of rebates, incentives and/or financing offers you may be required to take new retail delivery from dealer stock by the expiration date noted.

    The “Net Trade-in” is an estimate only and many factors that cannot be assessed without a physical inspection of the vehicle may affect actual value. NADAguides is not responsible for and does not guarantee the \”Net Trade-in\” information. Please see your local dealer for information regarding actual trade-in availability and value.

    Your ZIP Code helps us calculate your payments and offers.

    Photos, Pictures and Vehicle Images

    Images shown may not necessarily represent the actual vehicle used to calculate the estimate. Vehicles shown may have optional equipment at additional cost.



    Mortgage Calculator: Simple calculator for repayment & interest only mortgages, monthly mortgage calculator.#Monthly #mortgage #calculator


    Ultimate Mortgage Calculator New!

    8 calculators to compare mortgages, from ditching your fix to saving for a deposit

    Monthly mortgage calculator

    Basic mortgage calculator

    Shows the cost per month and the total cost over the life of the mortgage, including fees interest.

    Total you’ll repay over full term

    Could you get a cheaper rate?

    Use the MSE’s Mortgage Best Buys Comparison to find the best deal for you.

    Your mortgage debt over time

    Your remaining debt

    (assuming your interest rate stays the same)

    The nerdy bit see how the debt is gradually paid off

    In the first few years of the mortgage, you’re paying proportionally more interest, so the debt only reduces slowly, as the table above shows. However, making overpayments can eat into the debt and massively reduce the amount you repay in total as it means less interest overall (always check there aren’t overpayment penalties beforehand).

    IMPORTANT! Please read.

    This information is computer-generated and relies on certain assumptions. It has only been designed to give a useful general indication of costs.

    It’s important you always get a specific quote from the lender and double-check the price yourself before acting on the information. We cannot accept responsibility for any errors (please report faults above).

    Assumptions

    In order to create these results, we have had to make a few assumptions:

    • 1) Interest is charged monthly.
    • 2) Interest rate stays the same over the term.
    • 3) If you selected ‘Interest only’, we assume your standard monthly payment doesn’t decrease even if you pay off some of the balance.

    Martin’s FREE Printed Mortgage Help Booklets

    How this site works

    We think it’s important you understand the strengths and limitations of the site. We’re a journalistic website and aim to provide the best MoneySaving guides, tips, tools and techniques, but can’t guarantee to be perfect, so do note you use the information at your own risk and we can’t accept liability if things go wrong.

    • This info does not constitute financial advice, always do your own research on top to ensure it’s right for your specific circumstances and remember we focus on rates not service.
    • Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first.
    • We don’t as a general policy investigate the solvency of companies mentioned (how likely they are to go bust), but there is a risk any company can struggle and it’s rarely made public until it’s too late (see the Section 75 guide for protection tips).
    • We often link to other websites, but we can’t be responsible for their content.
    • Always remember anyone can post on the MSE forums, so it can be very different from our opinion.

    MoneySavingExpert.com is part of the MoneySupermarket Group, but is entirely editorially independent. Its stance of putting consumers first is protected and enshrined in the legally-binding MSE Editorial Code.

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    Car Loan Calculator – Loan Payment Estimator, loan payment calculator car.#Loan #payment #calculator #car


    loan payment calculator car

    Loan payment calculator car

    The first step is to enter the details of the proposed car loan in the fields to the left:

    • Vehicle Price – The price that you will pay for your vehicle
    • Down Payment – The amount of money that you will be putting down yourself on the car
    • Trade In – If you will be trading in your current car, put its expected value here
    • Owed on Trade – If you will be trading in and owe money on that vehicle, enter the amount here
    • Interest Rate – The interest rate that you will pay on the loan
    • Sales tax – The amount of sales tax levied in your area, this will be added to the vehicle price
    • Term (Months) – The number of months that your loan will run over, typical terms for a car loan are 36, 48 or 60 months
    • Start Date – This is the day that you sign your car loan contract, the first payment will come due one month later

    Once you enter your details click “Calculate” and your loan information will be generated.

    Understanding the Results

    There are four main sections in the results:

    Loan Summary

    This section gives you a brief summary of the proposed auto loan which includes the expected monthly payment, the total cost of the loan, total interest paid over the life of the loan and the date that the loan will be paid off in full. If you are simply trying to determine the monthly payment then this section is all you will need.

    Cost Breakdown Chart

    This pie chart provides a visualization of the total costs showing both the principal and interest paid over the term of your contract.

    Principal Balances Chart

    This chart shows you the balance of your loan at the end of each month over the term. Hovering the mouse over the line will popup a tooltip with the exact balance amount.

    Amortization Tables

    The final section is the amortization tables, there are three tabs here, the first shows your car loan amortized yearly, the second shows the monthly amortization for people who need full details and the third provides some further information breaking down all of the costs individually.

    Each row on these amortization tables gives you a snapshot of your loans position at the end of the specified year or month and tells you exactly how much principal and interest you would pay, and the remaining balance at that point in time.

    Final Note

    While this auto loan calculator should be highly accurate and give you a solid idea about the costs of a proposed car loan, it is not professional advise and should not be relied upon when making your final purchasing decision. Always talk to a professional directly and fully understand what you are getting into before signing a loan contract.



    Calculator for Car Loan Payment, loan payment calculator car.#Loan #payment #calculator #car


    loan payment calculator car

    “; showtxt += (isEmpty(f.downpayment.value)) ? “Down Payment: $0.00

    ” : “Down Payment: $” + f.downpayment.value + “

    “; showtxt += (isEmpty(f.tradevalue.value)) ? “Value of Trade/Sell: $0.00

    ” : “Value of Trade/Sell: $” + f.tradevalue.value + “

    “; showtxt += (isEmpty(f.rebate.value)) ? “Rebate: $0.00

    “; showtxt += (isEmpty(f.rate.value)) ? “Interest Rate for Loan: 0.0

    ” : “Interest Rate for Loan: ” + f.rate.value + ”

    “; showtxt += (isEmpty(f.months.value)) ? “Number of Months for Loan: 0

    ” : “Number of Months for Loan: ” + f.months.value + “

    ” : “Home Equity Interest Rate ” + f.equityrate.value + ”

    “; showtxt += (isEmpty(f.marginaltax.value)) ? “Marginal Tax Rate: 0.0

    ” : “Marginal Tax Rate: ” + f.marginaltax.value + ”

    “; showtxt += (isEmpty(f.equityfees.value)) ? “Home Equity Fee/Charges: $0.00

    ” : “Home Equity Fee/Charges: $” + f.equityfees.value + “

    Here’s the payment information:

    ” : “Monthly Payment: ” + monthly_payment + “*

    “; showtxt += (isEmpty(interest_paid)) ? “Total Interest Paid: $0.00*

    ” : “Total Interest Paid: ” + interest_paid + “*

    * NOTE: If you calculate using a home equity loan, your ‘Monthly Payment’ and ‘Total Interest Paid’ show the after-tax figures. Your out-of-pocket monthly payment likely will be higher.

    “; showtxt += ” \n”; showtxt += ” “; showWindow.document.write(showtxt); showWindow.document.close(); > function calculate(form) < if (validate_fields(form)==false) return false; calculate_fields(); showresults(form); > // –> Calculator for Car Loan Payment

    Auto Loan Calculator

    Use this calculator to compare your financing options:

    How to use the calculator:

  • Enter dollar figures without dollar signs or commas, so enter $16,000 simply as 16000

  • Enter percentages in decimal form without percent signs, so enter 8 1/2 as 8.5

  • Use the “tab” key to move from one field to the next.

  • Don’t worry if you don’t have a trade-in, or if you’re not planning to use a home equity loan–use just the first six fields to calculate a conventional auto loan; include the last three fields if you want to see results for a home equity loan. Print results for both options and compare side by side if you like.

  • When calculating for a home equity loan, fill in both “interest rate for a loan” and “home equity interest rate” fields, using the home equity loan annual percentage rate in both.

  • If you don’t know your “marginal tax rate” in the home equity section, 30 (enter 30) is a reasonable guesstimate.

    For more help calculating the best vehicle payment strategy for your circumstances, call the people at your credit union.

    Strategies for Fitting a Car Payment

    What’s your car payment threshold?

    You know, the amount of money you just can’t or won’t exceed each month for a car payment? Researchers at CNW Marketing/Research in Bandon, Ore., say the threshold for most buyers is about $328 a month.

    Your personal threshold may be higher or lower. Maybe you have other priorities now and your threshold, even stretching your budget to the max, is more like $128 a month! Here are some ways to manage your monthly payment, and the impact each will have on your personal finances.

    Down payment


    Longer loan term


    Home equity loans

    But remember up-front costs to obtain this type of loan. As with any mortgage loan, you’re likely to pay fees for an appraisal, title insurance, a title search, a credit check, and so on. On the calculator below, add fees to the total borrowed only if you roll fees into the total loan. If you pay fees out of pocket, remember that they increase your cost of borrowing even if not expressed in the calculation below.

    Another point: Some lenders only ask you to pay 2 of the outstanding balance of a home equity loan each month. As described in the section “longer loan term,” this increases your borrowing expense, although it certainly will keep payments affordable. Think of it this way — you can take longer to repay a home equity loan, but the cost of doing so (in higher total interest expense) could eat up your tax savings. To make a better comparison between a home equity loan you use to buy a vehicle and a conventional vehicle loan, use the same number of months for each. In other words, compare a 72-month auto loan with a 72-month payback on a home equity loan.

    The result won’t tell the whole story because the interest rate for a home equity loan typically will be higher than for a conventional auto loan. That means your monthly payment may be higher even if the final after-tax cost turns out to be lower. And, home equity loans often have variable rates, so be prepared for your rate to adjust upward.

    Finally, before using this type of loan to buy a vehicle, make sure you don’t have other priorities for your home equity — such as paying education expenses, starting a new business, or improving the house.

    Take the rebate

    And remember, taking the rebate often makes more sense than accepting a dealer’s low-rate financing: Usually, the low rates that most dealers advertise are for short-term loans. For example, one dealer offers 1.9 financing, but that’s only available on two-year loans. A new $20,000 car with a $2,000 down payment (10 down) will require $18,000 financing. This translates to an astounding $765 monthly payment — clearly out of reach for most buyers.

    If you choose this dealer’s rebate plan, you forego the low-interest-rate loan but get a $1,500 cash rebate. Adding the rebate to your down payment can make credit union financing very attractive, because the larger down payment reduces the amount you need to finance.



  • Amortization Calculator, amortization loan calculator.#Amortization #loan #calculator


    Amortization Calculator

    Amortization loan calculator

    Monthly Pay: $1,687.71

    While our Amortization Calculator can serve as a basic tool for all amortized items, we have specific calculators for common situations. For these specific purposes, it is probably better to use them instead.

    What is Amortization?

    Webster’s dictionary defines amortization as “the systematic repayment of a debt.” There are two general uses to amortization: paying off a loan over time, or spreading the cost of an expensive and long-life item over many periods.

    Paying Off a Loan Over Time

    When a borrower takes out a mortgage, car loan, or personal loan, they usually make monthly payments to the lender; these are some of the most common uses of amortization. A part of the payment covers the interest due on the loan, and the remainder of the payment goes toward reducing the principal amount owed. Interest is computed on the current amount owed and thus will become progressively smaller as the principal is decreased. During the earlier stages of an amortization process, larger portions of the payments made are for interest. As time goes on, the principal portion will gradually increase until the principal becomes zero. It is possible to see this course of action at work on the amortization table.

    Credit cards, on the other hand, are generally not amortized. They are called revolving debt instead, where the outstanding balances can be carried month-to-month, and the amount repaid each month can be varied. Please use our Credit Card Calculator for more information, or our Credit Cards Payoff Calculator to schedule a financially feasible way to pay off multiple credit cards. Examples of other loans that aren’t amortized include interest-only loans and balloon loans. The former includes an interest-only period of payment and the latter has a large principal payment at loan maturity, both unrelated to traditionally-structured amortization schedules.

    Spreading Costs

    Businesses like to purchase expensive items that are used for long periods of time that are classified as investments. Commonly amortized items for the purpose of spreading costs include machinery, buildings, and equipment. From an accounting perspective, a sudden purchase of expensive factory during a quarterly period can skew the financials, so its value is amortized over the expected life of the factory instead. Although it can technically be considered amortizing, this is usually referred to as the depreciation expense of an asset amortized over its expected lifetime. Use our Depreciation Calculator to depreciate items according to conventional accounting standards.

    Amortization as a way of spreading business costs generally refer to intangible assets like a patent or copyright. Under Section 197 of U.S. law, the value of these assets can be deducted month-to-month or year-to-year. Just like with any other amortization, payment schedules can be forecasted by a calculated amortization schedule. The following are intangible assets that are often amortized:

    1. Goodwill, which is the reputation of a business regarded as a quantifiable asset
    2. Going-concern value, which is the value of a business as an ongoing entity
    3. Workforce in place (current employees, including their experience, education, and training)
    4. Business books and records, operating systems, or any other information base, including lists or other information concerning current or prospective customers
    5. Patents, copyrights, formulas, processes, designs, patterns, know-hows, formats, or similar items
    6. Customer-based intangibles including customer bases and relationships with customers
    7. Supplier-based intangibles including the value of future purchases due to existing relationships with vendors
    8. Licenses, permits, or other rights granted by governmental units or agencies (including issuances and renewals)
    9. Covenants not to compete or non-compete agreements entered relating to acquisitions of interests in trades or businesses
    10. Franchises, trademarks, or trade names
    11. Contracts for the use of, or term interests in any items on this list

    Some intangible assets, with goodwill being the most common example, that have indefinite useful lives or are “self-created” may not be legally amortized for tax purposes.

    According to the IRS under Section 197, some assets are not considered intangibles including interest in businesses, contracts, or land, most computer software, intangible assets not acquired in connection with the acquiring of a business or trade, interest in existing lease or sublease of tangible property or existing debt, rights to service residential mortgages (unless it was acquired in connection with the acquisition of a trade or business), or certain transaction costs incurred by parties to a corporate organization in which any part of a gain or loss is not recognized.

    Business Tax Purposes

    In the U.S., amortization is a legal expense of doing business and can be utilized to reduce an organization’s taxable income, which many companies take advantage of. Depreciation, which can be defined as the amortization of tangible assets, is found on most companies’ income statements as an expense that is generally tax deductible. Depending on each company and what their business entails, tangible assets depreciated can be factory machinery, trucks, and various equipment. Intangible assets can be any of the examples listed above excluding the exceptions right underneath. All amortizable assets are disclosed on Form 4562 provided through the IRS where new assets are listed first, and then subsequent assets that are in the midst of an amortization schedule from previous years. The calculated results are then transferred to the relevant tax return forms, depending on type of business such as sole proprietorship or corporation.

    Amortizing Startup Costs

    An exception to amortization in business tax are business startup costs, which are defined as costs incurred to investigate the potential of creating or acquiring an active business and to create an active business. They must be the expenses deducted as business expenses if incurred by an existing active business, and must be incurred before the active business begins. Examples of these so-called costs include consulting fees, financial analysis of potential acquisitions, advertising expenditures, and payments to employees, which all must incur before the business is deemed active. According to IRS guidelines, initial startup costs must be amortized, and $5,000 can be deducted during the first tax year of the business.



    Car Loan Calculator – Loan Payment Estimator, car loan payment calculator.#Car #loan #payment #calculator


    car loan payment calculator

    Car loan payment calculator

    The first step is to enter the details of the proposed car loan in the fields to the left:

    • Vehicle Price – The price that you will pay for your vehicle
    • Down Payment – The amount of money that you will be putting down yourself on the car
    • Trade In – If you will be trading in your current car, put its expected value here
    • Owed on Trade – If you will be trading in and owe money on that vehicle, enter the amount here
    • Interest Rate – The interest rate that you will pay on the loan
    • Sales tax – The amount of sales tax levied in your area, this will be added to the vehicle price
    • Term (Months) – The number of months that your loan will run over, typical terms for a car loan are 36, 48 or 60 months
    • Start Date – This is the day that you sign your car loan contract, the first payment will come due one month later

    Once you enter your details click “Calculate” and your loan information will be generated.

    Understanding the Results

    There are four main sections in the results:

    Loan Summary

    This section gives you a brief summary of the proposed auto loan which includes the expected monthly payment, the total cost of the loan, total interest paid over the life of the loan and the date that the loan will be paid off in full. If you are simply trying to determine the monthly payment then this section is all you will need.

    Cost Breakdown Chart

    This pie chart provides a visualization of the total costs showing both the principal and interest paid over the term of your contract.

    Principal Balances Chart

    This chart shows you the balance of your loan at the end of each month over the term. Hovering the mouse over the line will popup a tooltip with the exact balance amount.

    Amortization Tables

    The final section is the amortization tables, there are three tabs here, the first shows your car loan amortized yearly, the second shows the monthly amortization for people who need full details and the third provides some further information breaking down all of the costs individually.

    Each row on these amortization tables gives you a snapshot of your loans position at the end of the specified year or month and tells you exactly how much principal and interest you would pay, and the remaining balance at that point in time.

    Final Note

    While this auto loan calculator should be highly accurate and give you a solid idea about the costs of a proposed car loan, it is not professional advise and should not be relied upon when making your final purchasing decision. Always talk to a professional directly and fully understand what you are getting into before signing a loan contract.



    Car Loan Calculator – Loan Payment Estimator, loan calculator car.#Loan #calculator #car


    loan calculator car

    Loan calculator car

    The first step is to enter the details of the proposed car loan in the fields to the left:

    • Vehicle Price – The price that you will pay for your vehicle
    • Down Payment – The amount of money that you will be putting down yourself on the car
    • Trade In – If you will be trading in your current car, put its expected value here
    • Owed on Trade – If you will be trading in and owe money on that vehicle, enter the amount here
    • Interest Rate – The interest rate that you will pay on the loan
    • Sales tax – The amount of sales tax levied in your area, this will be added to the vehicle price
    • Term (Months) – The number of months that your loan will run over, typical terms for a car loan are 36, 48 or 60 months
    • Start Date – This is the day that you sign your car loan contract, the first payment will come due one month later

    Once you enter your details click “Calculate” and your loan information will be generated.

    Understanding the Results

    There are four main sections in the results:

    Loan Summary

    This section gives you a brief summary of the proposed auto loan which includes the expected monthly payment, the total cost of the loan, total interest paid over the life of the loan and the date that the loan will be paid off in full. If you are simply trying to determine the monthly payment then this section is all you will need.

    Cost Breakdown Chart

    This pie chart provides a visualization of the total costs showing both the principal and interest paid over the term of your contract.

    Principal Balances Chart

    This chart shows you the balance of your loan at the end of each month over the term. Hovering the mouse over the line will popup a tooltip with the exact balance amount.

    Amortization Tables

    The final section is the amortization tables, there are three tabs here, the first shows your car loan amortized yearly, the second shows the monthly amortization for people who need full details and the third provides some further information breaking down all of the costs individually.

    Each row on these amortization tables gives you a snapshot of your loans position at the end of the specified year or month and tells you exactly how much principal and interest you would pay, and the remaining balance at that point in time.

    Final Note

    While this auto loan calculator should be highly accurate and give you a solid idea about the costs of a proposed car loan, it is not professional advise and should not be relied upon when making your final purchasing decision. Always talk to a professional directly and fully understand what you are getting into before signing a loan contract.



    Current Interest Rates on Home Loans, Savings, Car loans – CD Rates, interest loan calculator.#Interest #loan #calculator


    Today’s Interest Rates and Financial Advice:

    Interest loan calculator

    Financial Advice

    Would you like to buy a home but worry that you’d never qualify for a mortgage? It’s time to stop guessing and evaluate your chances to land a loan based on everything from how much you make to your credit score. Believe it or not, the odds are in your favor.

    November 14th 2017

    The average cost of financing a new or used car or truck has stayed low over the past year, making auto loans a bargain by any historical measure. And buyers with reasonably good credit can always take advantage of the discount loans automakers are offering on many models.

    November 13th 2017

    Lending money to your child is risky business. But if you can avoid the personal pitfalls and convince the federal government that this is really a loan, and not a gift, the Bank of Mom and Dad can be a financial boon for everyone in the family.

    November 13th 2017

    Here’s how to make all of the right decisions so that you’ll save more, invest wisely and take full advantage of all the tax breaks to build your retirement nest egg.

    November 10th 2017

    It’s not enough to find a good location at an affordable price. Condo buyers must consider lots of extra costs, from association fees and special assessments to how well the building is maintained and how strictly it enforces rules on everything from noise to pets.

    November 10th 2017

    You’ve scouted out the best mortgage rate and fought hard to get the best price on your new home. But your bargaining shouldn’t stop there. Here’s how you can save on everything from settlement fees to title insurance.

    November 8th 2017

    Interest loan calculator

    Interest ing Snapshot

    Individual retirement accounts, or IRAs, are a great way to build financial security for you and your family. They’re easy to open and our simple strategy helps you make all the right decisions now, and in the years ahead.

    Interest loan calculator

    Interest loan calculator



    Car Loan, Barclays, car finance calculator.#Car #finance #calculator


    Car loan

    Driving a better deal with a loan

    When it comes to buying your next car, knowing you’ve got the money in your back pocket can help you get a better deal.

    Loans are subject to status. Early settlement fees apply.

    ✔ Check to see if you have a personalised price quote 1

    ✔ Comes with a price guarantee (conditions apply)

    ✔ Easily calculate your potential repayments – all before taking a test drive

    0 APR Representative

    over 2-5 years. (Your rate may differ 2 )

    Why get a car loan with us?

    Discover your loan rate before taking that test drive

    Knowing how much you can borrow really helps when hunting for a new or used car. And unlike some other lenders, in many cases we can give you a personalised price quote up front – with no impact on your credit score.

    You can check to see if you have a provisional loan limit before you apply. If you have a current account with us, simply log in to Online Banking or Barclays Mobile Banking, if you’re registered 1 .

    More bargaining power – sellers beware!

    It’s quick and easy to apply and, if your loan application is approved and you’ve signed your loan agreement online, the money is usually transferred to your current account straightaway 3 . This could give you more bargaining power in the showrooms and forecourts, as you’ll have the cash to hand.

    If you take out a Barclayloan for your car, and another lender offers you a like-for-like unsecured loan with a lower APR, you can claim under our guarantee – within 30 days of the date we signed your Barclayloan agreement. We’ll reduce the interest rate to produce an APR equal to the competing offer and recalculate your monthly repayments to reflect the reduced interest rate. Please see our full price guarantee terms and conditions.

    Fixed monthly repayments

    This could help you budget.

    Choose your payment term

    Depending on the loan amount.

    Already have a Barclayloan and need more funds? You can apply to increase your borrowing with us. If you just want to take out a second loan instead of topping up, that could be an option too.

    Repaying your loan early

    You have the right to repay your loan early, in part or full, at any time. We’ll charge a fee equal to 30 days’ interest on the amount you’re repaying, as well as any other interest that’s due.

    Eligibility

    You may be eligible to top up your Barclayloan online if you:

    ✔ A Barclays current or savings account, mortgage or Barclaycard

    ✔ To be aged 18 or above

    You can use your loan for almost anything, apart from:

    • Business reasons
    • Investments, including buying stocks and shares
    • Timeshares
    • Purchasing property (home improvements are fine)
    • Gambling-related expenses
    • Repaying CCJs (county court judgments)
    • A purchase made by combining this loan with any others

    Resume an application

    If you’ve already started a loan application and have saved your progress, you can pick up where you left off.

    If you applied via Online Banking

    Log in to Online Banking here, and we’ll take you straight to your saved application.

    If you used our online application form

    If you started your application via our online form, we’ll have sent you an email with your reference number. You can enter the number here.

    Our lending commitments and what we ask of you

    As a lender, we have a responsibility to act fairly and as part of this we have committed to follow the Standards of Lending Practice. This note sets out some of our key responsibilities and what we ask of you, to ensure that the relationship works well for both of us.

    • We will lend responsibly and aim to provide a product that is affordable for you.
    • We will provide you with information about our products and services and how they work, in a clear and understandable way, so that you can decide what’s best for you and your needs.
    • We will endeavour to make sure our products and services offer, wherever possible, the flexibility to meet your needs.
    • We will treat you fairly and reasonably at all times and make sure that you are provided with a high level of service.
    • If you tell us about any inaccuracies, for example around the personal information we hold about you, we will act quickly to put it right.
    • We will always aim to help you if we see, or you tell us, that you are having trouble financially. We will seek to understand your overall circumstances, try and identify options that you can afford and where appropriate, provide a reference to free debt advice.

    What we ask of you

    • We ask you to think carefully about whether you can afford to repay the money you want to borrow and to be open in your dealings with us.
    • Take care of any cards, PINs, online log-in details and other security information to help prevent fraud and help us to protect your accounts.
    • Tell us as soon as possible if your card has been lost or stolen, or if you know or suspect someone is misusing your confidential information e.g. your PIN or online log-in details.
    • Carefully check your account statements to make sure they are accurate. If anything isn’t right, please get in touch with us.

    Please let us know if

    • Your contact details change, so we can keep our records up to date.
    • Your circumstances change, particularly if what’s happened is likely to cause you difficulties in managing your account or financial problems.
    • You think that you won’t be able to keep up with your repayments. The sooner you do this, the more likely it is we’ll be able to find a way to help you.

    We would also encourage you to refer to the terms and conditions associated with your current account, credit card or personal loan.



    Mortgage Calculators, Mortgage Calculator Canada, free mortgage calculator.#Free #mortgage #calculator


    Mortgage Calculator Canada

    Make informed decisions about your next home purchase by using our simple mortgage calculators. It’s easy!

    Calculate Your Payments with Today’s Rates

    • 1 Yr Fixed – 2.69% – Try this rate
    • 2 Yr Fixed – 2.79% – Try this rate
    • 3 Yr Fixed – 2.48% – Try this rate
    • 4 Yr Fixed – 2.89% – Try this rate
    • 5 Yr Fixed – 2.74% – Try this rate

    Rates last updated on 16/11/2017

    The Best Mortgage Rates in Canada

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    Financial Calculators

    Mortgage Payment Calculator

    Calculate monthly mortgage payments with our handy mortgage payment calculator.

    Rent vs Buy Analysis

    Tired of paying rent? Ready to purchase a home? Our Rent vs Buy calculator can help you determine the decision that’s right for you by evaluation and comparing both situations.

    Maximum Mortgage Calculator

    Determine the maximum mortgage you can qualify for with our simple maximum mortgage calculator resource.

    Mortgage Variable Isolator

    See what kind of effects different financial and mortgage factors can have on a single, isolated variable.

    Mortgage Principal Calculator

    It’s good to understand how your future looks like. Using this tool, you can determine the remaining balance of your mortgage after several of your regular mortgage payments.

    Mortgage Length Calculator

    What would your overall savings look like if you shortened the length of your mortgage by making larger payments? Take a look with our Mortgage Length Calculator.

    Loan Comparison Calculator

    Compare and contrast your different loan options and figure out which one is the better deal.

    Additional Payments Calculator

    By putting more money towards you mortgage payments, you will see your mortgage reduced. Use this to calculate how mortgage prepayments affect your overall mortgage.

    Interest Only Calculator

    Want to see how interest only payments look like? Then use this calculator and evaluate the results.

    Payment per Thousand Financed Calculator

    You borrow money for a mortgage loan, but how much are you actually paying for every $1000 of your loan? Determine that here.

    Interest only with Additional Payments Calculator

    Interest only payments can be the cause of a great reduction in your mortgage payments, what what if you made additional payments (towards your principal)? Determine how much you can save with this tool.

    From the blog.

    When you find yourself in seemingly insurmountable debt, working on building your credit score and saving money at the same time can seem like an impossible feat. As you struggle to climb to the top of the mountain of bills, it seems like a never-endin.

    Another year is here and so are the many resolutions that accompany the New Year trends. We all know that nine out of 10 times resolutions are not kept and so we end up with broken promises and a series of disappointments. When resolutions are too high.

    While several items in Canada remain to have low interest rates, one sector is on the rise. Homeowners can expect to see a rise in mortgage interest rates later in 2013. For quite some time, interest rates were staying right around 2.99% for qualified .

    MortgageCalculatorCanada.com aims to provide its users with the best mortgage tools and calculator resources on the web. We are proud to offer our customers with a complete set of mortgage analysis resources to assist them in preparing their financial futures. We recognize and value the importance of home loans and the significance such transactions can have on one’s life. We hope that our extensive set of resources and information will help you in your search for a home mortgage and a better future. Our tools take your income, budget, loan amount and payment period into consideration to provide you with personalized solutions for your mortgage.

    If you require any assistance or explanations of any of our tools, or if you’re ready to make the next move and obtain a mortgage for a home, do not hesitate to contact us. An experienced mortgage professional is ready to assist you with all of your needs.

    Canadian Mortgages: Learn the Basics

    Purchasing a home in Canada can be a complicated process, but it doesn’t have to be. Mortgage Calculator Canada recognizes and understands the difficulties homebuyers face. The information below, in conjunction with our mortgage calculator tools, will facilitate the process of understanding and applying for your mortgage.

    Variable Rates vs Fixed Rates

    The first thing you need to know about mortgages and mortgage interest rates is the difference between a variable mortgage rate and a fixed mortgage rate. A fixed mortgage rate stay constant (unchanged) through the term length of a mortgage. A variable rate fluctuates over time. As the prime rate (set by the Bank of Canada) changes, the variable rate will change with it. When the prime rate rises, a larger portion of your mortgage payment will go to interest and when the prime rate falls, a larger portion of your mortgage payment will go to principal.

    Mortgage Down Payment

    A mortgage down payment is a sum of money that is collected to put down towards the purchase of a new home. It is not required in all cases, however, in the case that it is, there is a minimum. How can a down payment affect your mortgage? Well, if you do provide a down payment, it is used to calculate the maximum price of a home you can afford, it is used to calculate the size of your mortgage and the mortgage payments, as well as the amount of CMHC insurance you have to pay. To qualify for a mortgage with no down payment, you need a credit score of at least 680.

    Open Mortgage, Closed Mortgage – What’s the difference?

    An open mortgage is a mortgage that can be paid out at any time without financial penalties. You are also able to make additional mortgage payments with no financial penalties. Typically, open mortgage terms range from 6 months to 1 year and can have either fixed or variable mortgage interest rates. On the other hand, closed mortgages have lower interest rates than open mortgages. Closed mortgage terms can range from 6 months to 10 or more years. You are not able to pay out a closed mortgage early with no penalty although with most lenders you are still allowed to pre-pay up to 20% of your original principle balance every year.



    Loan Calculator and Payment Schedule, Not a Toy, interest calculator loan.#Interest #calculator #loan


    Loan Calculator

    Since you may have happened upon this loan calculator to calculate a monthly payment, I’ll cut to the chase. You’ll only need to enter three numbers, and you can leave the other dozen or so options untouched.

    Here’s all you need to do.

    • Click clear and enter values for:
      • Loan Amount
      • Number of Payments
      • Annual Interest Rate
    • Leave Loan Payment Amount set to 0.
    • Click either Calc or Payment Schedule.

    There you have it. Now you have what you need.

    This calculator though offers users so much more. Spend a few minutes with it, and you’ll see. More below.

    Will making small, extra payments save me money?
    Will paying half the monthly payment every other week save interest charges?
    Buying or selling real estate?

    VERY IMPORTANT – You must enter a 0 if you want a value calculated. Some users have been frustrated by this. They want to know why the calculator does not just recalculate a payment if they have changed the loan amount, interest rate or term.

    This is because we want the calculator to be able to create an amortization schedule using whatever parameters you want to use. This behavior is a feature! After all, there is no such thing as a correct loan payment. The payment amount is correct as long as both the lender and debtor agree to it!

    ABOUT DATES – This calculator now allows irregular length first periods. That is, the calculator calculates the exact amount of interest due even when the initial period is shorter or longer than the other scheduled periods. This will result in payment amounts as well as interest charges that do not match other calculators. If you want to match other calculators then set the Loan Date and 1st Payment Date so that the time between them equals one full period as set in Payment Frequency . Example: If the Loan Date is May 15th and the Payment Frequency is Monthly, then the 1st Payment Date should be set to June 15th, that is IF you want a conventional interest calculation. See the end of the Help text for some more details.

    Of course, you can always leave the dates set as they are when the calculator loads.

    Much More Than a Payment Calculator

    Since the calculator will solve for multiple unknowns, it can easily be used to answer the following questions:

    • How much can I borrow?
    • What would my payment be?
    • What is the lending rate?
    • How long will it take to pay off my loan?
    • What date is my loan paid off?
    • NEW – what is the impact of extra payments?

    Interest calculator loan

    See the payment schedule for total interest saved.

    Loan Calculator Help.

    This calculator will solve for any one of four possible unknowns: Amount of Loan , Total Scheduled Periods (term), Annual Interest Rate or the Periodic Payment .

    Enter a ‘0’ (zero) for one unknown value.

    The term (duration) of the loan is a function of the Total Scheduled Periods and the Payment Frequency . If the loan is calling for monthly payments and the term is four years, then enter 48 for the Total Scheduled Periods . If the payments are made quarterly and the term is ten years, then enter 40 for the Total Scheduled Periods .

    The Amortization Method should be set to Normal (level payments) unless you have a specific reason to set it to another method. Fixed Principal causes the amount allocated to principal to be the same each period which result in decreasing payments.

    If the terms of the loan call for a 0% interest rate, then the Amortization Method must be set to No Interest, otherwise entering a zero for Annual Interest Rate? will cause the calculator to calculate an interest rate. Selecting No Interest, also lets the user set the payment amount to 0 to tell the calculator to calculate it.

    When the first period, the period of time between the loan date and the first payment date is longer than one full period, there will be interest due for the extra days . This is known as odd day interest. Example: if the loan date is March 24 and the first payment date is May 1, then there are 8 odd days of interest – March 24th to April 1st. How the odd day interest is calculated and collected is controlled with the Long Period Options. By default, the odd days interest is shown being paid on the loan date.

    Conversely, if the time between the loan date and first payment date is less than the payment period set, then the first period is said to be a short initial period and the first payment will be reduced due to less interest being owed. How the payment amount and interest is calculated for a short period is determined by the Short Period Options.

    On a more general note, we have been discussing details about loans, some structured with unusual features, over several decades. At this point, we believe our software calculators can create a schedule for any structured settlement loan that exists. If you have a loan with special requirements, please ask.

    Hopefully, you’ll find this loan calculator as well as all the financial calculators on this site to be useful tools. Why not take another sip of your favorite beverage and explore for a few minutes? Start by checking out The Reading Room. Here you’ll find a half dozen articles, written by professionals, about money.



    FinAid, Calculators, Loan Calculator, interest payment calculator.#Interest #payment #calculator


    interest payment calculator

    Interest payment calculator

    Interest payment calculator

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    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    Interest payment calculator

    This Loan Payment Calculator computes an estimate of the size of your monthly loan payments and the annual salary required to manage them without too much financial difficulty. This loan calculator can be used with Federal education loans (Stafford, Perkins and PLUS) and most private student loans. (This student loan calculator can also be used as an auto loan calculator or to calculate your mortgage payments.)

    This loan calculator assumes that the interest rate remains constant throughout the life of the loan. The Federal Stafford Loan has a fixed interest rate of 6.8% and the Federal PLUS loan has a fixed rate of 7.9%. (Perkins loans have a fixed interest rate of 5%.)

    This loan calculator also assumes that the loan will be repaid in equal monthly installments through standard loan amortization (i.e., standard or extended loan repayment). The results will not be accurate for some of the alternate repayment plans, such as graduated repayment and income contingent repayment.

    Loan fees are used to adjust the initial loan balance so that the borrower nets the same amount after the fees are deducted.

    Some educational loans have a minimum monthly payment. Please enter the appropriate figure ($50 for Stafford Loans, $40 for Perkins Loans and $50 for PLUS Loans) in the minimum payment field. Enter a higher figure to see how much money you can save by paying off your debt faster. It will also show you how long it will take to pay off the loan at the higher monthly payment. You can also calculate private student loan eligibility on comparison sites like Credible.

    The questions concerning enrollment status, degree program and total years in college are optional and are designed to evaluate whether the total debt is excessive. The total years in college should include the total number of years in college so far (or projected) corresponding to the loan balance, including previous degrees received.



    Present Value of a Perpetuity Calculator, loan calculator formula.#Loan #calculator #formula


    Perpetuity

    Present Value of a perpetuity is used to determine the present value of a stream of equal payments that do not end. The present value of a perpetuity formula can also be used to determine the interest rate charged, and the size of the regular payment. Use the perpetuity calculator below to solve the formula.

    Perpetuity Definition

    Perpetuity is a stream of equal payments that does not end.

    Variables

    PV=Present value of the perpetuity

    R=Annual interest rate

    Loan calculator formula

    Loan calculator formula

    Loan calculator formula

    Perpetuity

    A Perpetuity is simply a stream of equal payments that carries on indefinitely.В Sometimes a Perpetuity is known as a perpetual annuity.В An investor purchases a Perpetuity and in return receives a stream of equal payments that never ends.В The initial principal is never returned to the investor.В

    Since the Perpetuity returns a fixed payment, payments in the future have a lower present value the farther away they occur.В This means that the present value of future payments will eventually approach zero.В This actually simplifies the calculation of the present value of a Perpetuity, since the present value is simply equal to the regular payment divided by the discount rate. В This means that the only factor that will affect the market price of a Perpetuity once it has been issued is the discount rate required by the market.В

    In the real investing world, there are few actual perpetuities.В Preferred shares are similar, in that they promise a fixed dividend payment, and that the price of these preferred shares is determined by the same formula as a Perpetuity.В The difference is that a preferred share can have its payment halted in some cases, or could lose value if the company fails.

    Although the thought of a perpetual stream of income payments might seem attractive to a low risk investor, one must remember that inflation will have a large effect on the value of this type of investment over a long time.В Since a Perpetuity by definition pays out for ever, inflation will erode the purchasing power of this interest payment and the purchase price will not grow with other assets that appreciate over time.

    This is why investors need to include some element of capital growth into their long term investing strategy.В Without some appreciation in the principal, an investors purchasing power will dwindle over time, as the fixed income payments do not have the purchasing power that they once had.В Even preferred shares are often repurchased by the company at some time, rarely are they left in the market perpetually.

    Other investments will include some capital appreciation as part of their attraction.В Typically these will include common shares of public companies, and real estate assets.В Both of these assets are expected to generate some income, that will grow with inflation.В As well, the value of these assets will grow as their income streams grow.В Real estate investment models and stock valuation formulas will allow for this growth rate to affect the present value of the asset.



    PPF Calculator in Excel, loan calculator excel.#Loan #calculator #excel


    PPF Calculator for Maturity, Loan and Partial Withdrawal

    Loan calculator excel

    PPF (Public Provident Fund) is one of the most popular and one of the best debt investment instruments. We have Excel based calculator for PPF Withdrawal, Loan and Maturity.

    PPF Calculator:

    This PPF calculator can calculate the maximum loan eligibility, partial withdrawal eligibility and the maturity value at the end of 15 years.

    It takes the historical interest rates automatically depending on the financial year. The future years where the interest rates have not been declared takes the value of last declared rates.

    You can download Excel based calculator below.

    Loan calculator excel

    The calculator looks like the figure below and follows the following rules:

    Loan calculator excel

    PPF Calculator – for Maturity, Loan and Partial Withdrawal

    PPF Loan Rules:

    Following are the rules for Loan on PPF:

    • The loan facility is available from third to sixth financial year of opening the account.
    • The maximum loan that can be taken is 25% of the PPF account balance at the end of preceding two financial years. For e.g. for FY 2013-14 you can borrow 25% of the amount present at the end of FY 2011-12.
    • The interest rate on loan would be 2% higher than the prevailing interest offered on PPF (since December 1, 2011).
    • Inactive accounts are not eligible for loan.
    • You can borrow multiple times in the third to sixth financial year, once you fully pay the preceding loan.
    • PPF Form D needs to submitted to apply for loan.

    PPF Partial Withdrawal Rules:

    • Partial withdrawal is available from seventh financial year from the account opening financial year. So if you opened account in FY 2011-12, the earliest you can withdraw is FY 2017-18.
    • The maximum amount you can withdraw every year is 50% of the account balance in the preceding 4 financial years.
    • Only one withdrawal can be made every financial year.
    • PPF Form C needs to submitted to make partial withdrawal.
    • In case the withdrawal is from account opened in the name of minor, a declaration needs to be given by the guardian that the amount would be used for the benefit of the minor.

    PPF Extension Rules:

    • PPF account matures at the end of 15 years from date of account opening.
    • You can request for extension of PPF account for 5 years at a time. This extension is possible for any number of times. This means that you can continue PPF for a long period of time.
    • For extension you need to choose if you want to extend the PPF with contribution or without contribution.
    • In case of extension without contribution the balance in PPF account continues to earn interest and you need not contribute anymore. You can also withdraw entire amount anytime.
    • In case of extension with contribution you can withdraw only 60% of the balance before the start of this 5 year extension period.

    PPF Historical Interest Rates:

    The table below shows the PPF Interest Rates since 1986.

    Loan calculator excel

    PPF Historical Interest Rate since 1986



    SBI Maxgain Home Loan Excel Calculator – Review, Details, Benefits – Loan Calculators, loan calculator excel.#Loan #calculator #excel


    SBI Maxgain Home Loan Excel Calculator Review, Details, Benefits

    Loan calculator excelIn today s highly competitive Indian home loan market, buyers have great flexibility in choosing their financier. Lenders are trying to attract prospective borrowers with flexible repayment and loan offers, which have never been seen before in the Indian home loan market.

    Home Saver loan accounts is one such attractive housing loans scheme, in which banks allow you to open a savings or current account, which is linked to your primary loan account. Any amount in this linked amount works to reduce your overall outstanding principal loan balance and considerably reduces your overall interest burden. Please read our blog post on home Saver loan accounts to know more about these accounts in detail.

    SBI Maxgain Advantage Home Saver Loan Account

    SBI Maxgain advantage is one such home Saver loan account, which is primarily customizing for customers wishing to opt for an overdraft facility for their housing loans. State bank of India provides the loan account similar to a saving or current account. You can park your surplus funds in the loan account, which effectively earned the interest on the same rate.

    SBI Maxgain advantage home loan scheme serves to minimize your interest costs by enabling you to park your surplus fund in SBI Maxgain (with the benefit to withdraw the surplus funds whenever you require), specially in the wake of low yields from other deposits and investment avenues.

    SBI Maxgain Advantage Calculator For Home Loans

    Here we present you a simplified version of SBI Maxgain home loan calculator, which allows you to understand how SBI Maxgain allows you to save on the total interest paid and reduces the tenure of your loan period.

    Download SBI Maxgain Home Loan Excel Calculator

    Like us on Facebook and share with friends to reveal the download link. Click on Facebook Like Button given below.

    Loan calculator excel

    Assumptions: The simplified example shown in this loan calculator assumes the following.

    • Loan amount = Rs. 20 lakhs
    • Annual interest rate = 10.5%
    • Loan period = 10 years
    • Extra deposits or withdrawals = as shown in the table

    Results: The results obtained are as follows

    • Scheduled EMI = Rs. 26,987
    • Scheduled number of payments = 120

    In this example, we have assumed that the borrower has made for payments of Rs. 15,000, 20,000, at 12,000 and 50,000 each in the first, third, sixth and seventh month respectively. Further he has withdrawn Rs. 10,000 and Rs. 35,000 in the second and ninth month respectively.

    MaxGain Advantage: Following is the summary of the advantages derived from these transactions.

    You can play around with the figures and calculate the total interest saved and the total tenure of the loan saved the by entering different figures and amounts. We encourage you to download the basic MS Excel template file for SBI Maxgain loan calculator on your computer by clicking on the link given above. This will help you to understand the basic calculations and formulae used in preparing this Excel SBI Maxgain calculator.

    Demerits of SBI Maxgain Advantage home loan

    The flip side of SBI Maxgain Advantage home loan scheme is that it is suitable only in cases when a good amount is lying un-utilized in your savings or current accounts. If this is not the case, then you may not be able to derive the maximum benefits from this loan scheme. It is important to note that most of the home Saver loan schemes like SBI Maxgain advantage charge you a higher interest rate of the order of 0.5% to 1% as compared to plain vanilla home loan schemes.



    Mortgage Payment Calculator –, loan calculator formula.#Loan #calculator #formula


    Mortgage Payment Calculator

    Use our mortgage loan calculator to determine the monthly payments for any fixed-rate loan. Just enter the amount and terms, and our mortgage calculator does the rest. Click on “Show Amortization” Table to see how much interest you’ll pay each month and over the lifetime of the loan. The mortgage loan calculator will also show how extra payments can accelerate your payoff and save thousands in interest charges.

    Amortization Table

    Loan calculator formula

    Loan calculator formula

    Loan calculator formula

    Loan calculator formula

    Whether you’re buying a new home or refinancing, our mortgage calculator can do the math for you. Simply enter the amount, term and interest rate to get your monthly payment amount. If you’re refinancing, enter the current balance on your mortgage into the loan amount section and input the new term and new rate that you’ll receive. Then click on the amortization table to see how much interest you’ll pay over the life of the loan. Add extra payments to find out how they can put your payoff schedule on the fast-track and save you thousands.

    Keep in mind that this calculator only calculates the mortgage payment. It does not include taxes, insurance or other fees included in the purchase of your home.

    Loan amount: The amount of money you’re borrowing. It’s the cost of your new home minus the down payment if you’re buying or the balance on your existing mortgage if refinancing.

    Interest rate: The exact rate you will receive on your loan, not the APR.

    Loan term: The length of time you have to pay off your loan (30- and 15-year fixed-rate loans are common terms).

    Amortization table: Timetable detailing each monthly payment of a mortgage. Details include the payment, principal paid, interest paid, total interest paid and current balance for each payment period.

    Monthly extra payment: Extra amount added to each monthly payment to reduce loan length and interest paid.

    Yearly extra payment: Extra amount paid each year to reduce loan length and interest paid.

    One-time extra payment: Extra amount added once to reduce loan length and interest paid.

    Loan calculator formula



    Loan Payment Formula and Calculator, loan calculator formula.#Loan #calculator #formula


    Loan Payment

    Loan calculator formula

    The loan payment formula is used to calculate the payments on a loan. The formula used to calculate loan payments is exactly the same as the formula used to calculate payments on an ordinary annuity. A loan, by definition, is an annuity, in that it consists of a series of future periodic payments.

    The PV, or present value, portion of the loan payment formula uses the original loan amount. The original loan amount is essentially the present value of the future payments on the loan, much like the present value of an annuity.

    It is important to keep the rate per period and number of periods consistent with one another in the formula. If the loan payments are made monthly, then the rate per period needs to be adjusted to the monthly rate and the number of periods would be the number of months on the loan. If payments are quarterly, the terms of the loan payment formula would be adjusted accordingly.

    Standard Loan Payment

    The loan payment formula shown is used for a standard loan amortized for a specific period of time with a fixed rate. Examples of specialized loans that do not apply to this formula include graduated payment, negatively amortized, interest only, option, and balloon loans.

    An adjustable rate loan will use the formula shown but will need to be recalculated based on the remaining balance and remaining term for each new rate change.

    Use of Loan Payment Formula

    The loan payment formula can be used to calculate any type of conventional loan including mortgage, consumer, and business loans. The formula does not differ based on what the money is spent on, but only when the terms of repayment deviate from a standard fixed amortization.

    Simple interest and amortized loans will generally have the same payment. The terms amortized and simple interest relate to how much of the payment is applied to principal and how much is applied to interest for each payment.

    Simple interest loans rely on the date of payment to determine the amount of interest paid with the remaining amount going to principal. If a payment is made early, the interest portion of the payment will be less than if paid later. Less interest accrues when the amount is paid early because the loan balance will be less due to the extra principal payments.

    On the other hand, an amortized loan has a predetermined amount of interest paid per payment so an earlier payment has no affect on lowering the principal balance sooner. Different companies and their loans will have different policies on how they are amortized. An example of how a company may amortize their loan, is by re-amortizing every year so that extra principal payments to the loan will only go in effect after a year to lower the monthly interest portions of the payment.

    Alternative Loan Payment Formula

    Loan calculator formula

    The payment on a loan can also be calculated by dividing the original loan amount (PV) by the present value interest factor of an annuity based on the term and interest rate of the loan. This formula is conceptually the same with only the PVIFA replacing the variables in the formula that PVIFA is comprised of.



    FinAid, Calculators, Loan Calculator, monthly loan payment calculator.#Monthly #loan #payment #calculator


    monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculatorMonthly loan payment calculator

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    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    Monthly loan payment calculator

    This Loan Payment Calculator computes an estimate of the size of your monthly loan payments and the annual salary required to manage them without too much financial difficulty. This loan calculator can be used with Federal education loans (Stafford, Perkins and PLUS) and most private student loans. (This student loan calculator can also be used as an auto loan calculator or to calculate your mortgage payments.)

    This loan calculator assumes that the interest rate remains constant throughout the life of the loan. The Federal Stafford Loan has a fixed interest rate of 6.8% and the Federal PLUS loan has a fixed rate of 7.9%. (Perkins loans have a fixed interest rate of 5%.)

    This loan calculator also assumes that the loan will be repaid in equal monthly installments through standard loan amortization (i.e., standard or extended loan repayment). The results will not be accurate for some of the alternate repayment plans, such as graduated repayment and income contingent repayment.

    Loan fees are used to adjust the initial loan balance so that the borrower nets the same amount after the fees are deducted.

    Some educational loans have a minimum monthly payment. Please enter the appropriate figure ($50 for Stafford Loans, $40 for Perkins Loans and $50 for PLUS Loans) in the minimum payment field. Enter a higher figure to see how much money you can save by paying off your debt faster. It will also show you how long it will take to pay off the loan at the higher monthly payment. You can also calculate private student loan eligibility on comparison sites like Credible.

    The questions concerning enrollment status, degree program and total years in college are optional and are designed to evaluate whether the total debt is excessive. The total years in college should include the total number of years in college so far (or projected) corresponding to the loan balance, including previous degrees received.



    Loan Payment Calculator – Quick and easy, Calculators by CalcXML, loan comparison calculator.#Loan #comparison #calculator


    loan comparison calculator

    Loan comparison calculator

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    What would my loan payments be?

    The loan amount, the interest rate, and the term of the loan can have a dramatic effect on the total amount you will eventually pay on a loan. Use our loan payment calculator to determine the payment and see the impact of these variables on a specified loan amount complete with an amortization schedule.

    Loan comparison calculator

    Advantages of a Good Credit Score

    Interest is the charge added to a loan that makes up the cost of money. Interest is usually expressed as a percentage of the loan principal. The principal is the original amount of the loan. The interest rate tells you what percentage of the unpaid loan will be charged each period. The period is usually a year but may be any agreed-upon time. Here is how it works. Let’s say you loan your friend $100 at 5% annual interest. At the end of a year the period you should receive $105, or $100 of principal and $5 interest. Simple, isn’t it?

    Let’s say your friend doesn’t repay the $100 principal, but pays you only the $5 interest; then the next year your friend will still owe you the $100 plus another $5 in interest. The preceding is an example of simple interest. Simple interest is the amount of money to be paid each period on a principal amount due.

    Loan comparison calculator

    5 Ways to Create a Budget That Works

    In personal finance, you set financial goals so you can plan your budget around those goals. After all, they are your priorities, aren’t they? Here is how financial planners work with budgets:

    A budget has two main components: cash coming in (inflows) and cash going out (outflows). If you subtract the outflows from the inflows, the answer should always be zero. That is called balancing the budget.

    Loan comparison calculator

    Credit 101

    An important part of personal finance is how you manage your debt. Ideally, you would not have any debt, but in practice, most families do. It is not likely that most persons would be able to buy a car, a house, an education, or even major appliances without having to incur some debt. Sometimes, debt may actually be desirable, especially if you could borrow money at a low interest rate to make a high-interest investment.

    Debt makes everything cost more. If you saw a sign in a store window advertising “Sale — Everything 25% Off,” you might be tempted to rush in and buy, buy, buy. But what if the sign said “Sale — Everything 25% More Than Marked”? That is just what happens when you pay for goods and services using debt. Moreover, you may be using debt without even realizing it.

    Loan comparison calculator

    This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

    Loan comparison calculatorLoan comparison calculator



    FinAid, Calculators, Loan Calculator, student loan interest calculator.#Student #loan #interest #calculator


    student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculatorStudent loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    Student loan interest calculator

    This Loan Payment Calculator computes an estimate of the size of your monthly loan payments and the annual salary required to manage them without too much financial difficulty. This loan calculator can be used with Federal education loans (Stafford, Perkins and PLUS) and most private student loans. (This student loan calculator can also be used as an auto loan calculator or to calculate your mortgage payments.)

    This loan calculator assumes that the interest rate remains constant throughout the life of the loan. The Federal Stafford Loan has a fixed interest rate of 6.8% and the Federal PLUS loan has a fixed rate of 7.9%. (Perkins loans have a fixed interest rate of 5%.)

    This loan calculator also assumes that the loan will be repaid in equal monthly installments through standard loan amortization (i.e., standard or extended loan repayment). The results will not be accurate for some of the alternate repayment plans, such as graduated repayment and income contingent repayment.

    Loan fees are used to adjust the initial loan balance so that the borrower nets the same amount after the fees are deducted.

    Some educational loans have a minimum monthly payment. Please enter the appropriate figure ($50 for Stafford Loans, $40 for Perkins Loans and $50 for PLUS Loans) in the minimum payment field. Enter a higher figure to see how much money you can save by paying off your debt faster. It will also show you how long it will take to pay off the loan at the higher monthly payment. You can also calculate private student loan eligibility on comparison sites like Credible.

    The questions concerning enrollment status, degree program and total years in college are optional and are designed to evaluate whether the total debt is excessive. The total years in college should include the total number of years in college so far (or projected) corresponding to the loan balance, including previous degrees received.



    Auto Loan Calculator, automobile loan calculator.#Automobile #loan #calculator


    Auto Loan Calculator

    Automobile loan calculator

    $372.86 / Month

    The Auto Loan Calculator considers the most vital factors in order to calculate auto loan information. It assumes that the full purchase price is accounted for whether as down payment or part of the loan, along with any fees involved. If only the monthly payment for any auto loan is given, use the Monthly Payments tab (reverse auto loan) to calculate the actual vehicle purchase price and other auto loan information.

    Important: Tax and fee procedures apply to car purchases within the US only. Foreigners may still use the calculator, but please adjust accordingly.

    There are different definitions for different prices when it comes to car buying such as MSRP (manufacturer’s suggested retail price), selling price, blue book price, and dealer price. For any recently purchased or sold car, input the final selling price as the “Auto Price” figure. For hypothetical loans involving cars not being bought or sold, use blue book prices to arrive at close estimates for the values of the cars.

    Purchases of cars usually come with costs other than the purchase price. Car buyers with low credit scores might be forced to pay the hefty fees upfront. The following is a list of common fees associated with car purchases in the US.

    • Sales Tax Most states in the US collect sales tax for auto purchases.
    • Document Fees This is a fee collected by the dealer for processing documents like title and registration. Typically, they run between $150 and $300.
    • Title and Registration Fees This is the fee collected by states for vehicle title and registration. Most states charge less than $300 for title and registration.
    • Advertising Fees This is a fee that the regional dealer pays for promoting the manufacturer’s automobile in the dealer’s area. If not charged separately, advertising fees are included in the auto price. A typical price tag for this fee is a few hundred dollars.
    • Destination Fee This is a fee that covers the shipment of the vehicle from the plant to the dealer’s office. This fee is usually between $600 and $1,000.
    • Insurance In the US, auto insurance is strictly mandatory to be regarded as a legal driver on public roads and is usually required before dealers can process paperwork. When a car is purchased via loan and not cash, full coverage insurance is mandatory. Auto insurance can possibly run more than $1,000 a year for full coverage. Most auto dealers can provide short-term (1 or 2 months) insurance for paper work processing so new car owners can deal with proper insurance later.

    Important: If the fees are bundled into the auto loan, remember to check the box ‘Include All Fees in Loan’. If they are paid upfront instead, leave it unchecked.

    Quick Tip 1: Should an auto dealer package any mysterious special charges into a car purchase, please demand justification and thorough explanations for their inclusion. This is not to say that well-intentioned car salesmen don’t exist, but there is a reason why this particular group of people get a bad rap as some of the most untrustworthy and scheming around. After all, their mission is to squeeze as much profit out of a potential car selling scenario as possible.

    Auto Loans

    Many people cannot afford to purchase cars with straight cash, so they turn to auto loans instead. They work as any generic, secured loan from a financial institution does with a typical term of 36 or 60 months. Each month, repayment of principal and interest must be paid to auto loan lenders from borrowers, excluding other mandatory fees and taxes (unless they have been intentionally included into the loan). Money borrowed from a lender that isn’t paid back can legally entitle a car to being repossessed.

    Direct Lending vs. Dealership Financing

    There are two financing options available: direct lending or dealership financing. With the former, it comes in the form of a typical loan originating from a bank, credit union, or financial institution. Getting pre-approved through a credit union is usually the best option and offers the lowest rates, especially for lifelong, good standing members.

    Quick Tip 2: To aid ability to negotiate the best deals, take steps towards achieving healthier credit scores before taking out large loans for car purchases. Free annual credit reports can be requested from one of the three credit agencies: Equifax, Experian, and TransUnion.

    Once a contract has been entered with a car dealer to buy a vehicle, the loan is used from the direct lender to pay for it. Dealership financing is somewhat similar except that the paperwork is done through them instead. The contract is retained by the dealer, but is sold to a bank or other financial institution called an assignee that ultimately services the loan.

    Quick Tip 3: Direct lending usually offers more flexibility because there is competition between involved lenders to offer the best interest rates to the borrower, and rates tend to be better. It also provides more leverage for someone to walk into a car dealer with most of the financing done on their terms, as it places further stress on the car dealer to compete with a better rate. Getting pre-approved doesn’t tie car buyers down to any one dealership, and their propensity to simply walk away is much higher. With dealer financing, the potential car buyer has fewer choices, though it’s there for convenience for anyone who doesn’t want to waste time shopping around.

    Quick Tip 4: It can be helpful for prospective car buyers to determine how much they can afford to spend on a car and what types of cars are within their budget before actually heading to a dealership. Knowing what kind of vehicle is desired will make it easier to research and find the best deals that suits a buyer’s needs. Once a particular make and model is chosen, it can be important to have some typical going rates in mind to enable effective negotiations with a car dealer. Car dealers, like many businesses, want to make as much money as possible from a sale, but often, given enough negotiation, are willing to sell a car for significantly less than the price they initially offer. Depending on whether a buyer chooses to pay for the vehicle with monthly payments, the “Monthly Payment” tab of our Auto Loan Calculator can be used to calculate the “true” cost of the car. A monthly payment option often ends up being more expensive than buying the car outright. However, if buying the car outright is not an option, it is up to the buyer’s discretion to determine whether the need for a car sooner justifies the additional cost of making monthly payments rather than saving until a later date to avoid said monthly payments. Furthermore, although the allure of a new car is understandable, buying a pre-owned car even if only a few years removed from new can usually result in significant savings, and is an option that prospective car buyers can consider.

    Trade-in Value

    Don’t expect too much value when trading in old cars to dealerships as credit towards newer car purchases; exchange rates tend to float somewhere akin to auction house levels, way below blue book values. Selling old cars privately beforehand and using the funds for future car purchases tends to result in a more financially-desirable outcome. However, convenience is important for many people and they choose to simply trade them in to dealerships during new car purchases.

    Within the states that collect sales tax on auto purchases, most of them collect based on the difference between the new car and trade-in price. For a $25,000 new car purchase with a $10,000 valued trade-in, the tax paid on the new purchase with an 8% tax rate is:

    $25,000 – $10,000 = $15,000 8% = $1,200

    This is the default method by which the Auto Loan Calculator will calculate sales tax in accordance with Trade-in Value. However, some states do not offer any sales tax reduction with trade-ins, and they are:

    Using the same example above, whereas if the new car was purchased in one of the places above without a sales tax reduction for trade-ins, the sales tax would be:

    This comes out to be an $800 difference, enticing more people in these places to sell cars to private parties instead.

    Vehicle Rebates

    Dealers may offer vehicle rebates to further incentivize buyers. When car manufacturers are pressured into getting rid of cars at lower profit margins, it can be inferred that they probably use rebates as a means of doing so.

    Depending on the state, they may or may not be taxed accordingly. For example, purchasing a vehicle at $30,000 with a cash rebate of $2,000 will have sales tax calculated based on the original price of $30,000, not $28,000. Luckily, a good portion of states do not do this and don’t tax cash rebates. They are Alaska, Arizona, Delaware, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, Oklahoma, Oregon, Pennsylvania, Rhode Island, Texas, Utah, Vermont, and Wyoming.

    Generally, only purchases of new cars are offered rebates because of how uniform and consistent each new car is. Dealers know exactly to the cent where the breakeven point is and if they are still a wide margin over, they can incentivize a potential car buyer by offering a rebate. While some used car dealers do offer cash rebates, they are a rarity due to the difficulty of arriving at true value.

    Quick Tip 5: New cars depreciate as soon as they are driven off the lot, sometimes by more than 10% of their values; this is called off-the-lot depreciation.



    FinAid, Calculators, Loan Calculator, vehicle loan calculator.#Vehicle #loan #calculator


    vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculatorVehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    Vehicle loan calculator

    This Loan Payment Calculator computes an estimate of the size of your monthly loan payments and the annual salary required to manage them without too much financial difficulty. This loan calculator can be used with Federal education loans (Stafford, Perkins and PLUS) and most private student loans. (This student loan calculator can also be used as an auto loan calculator or to calculate your mortgage payments.)

    This loan calculator assumes that the interest rate remains constant throughout the life of the loan. The Federal Stafford Loan has a fixed interest rate of 6.8% and the Federal PLUS loan has a fixed rate of 7.9%. (Perkins loans have a fixed interest rate of 5%.)

    This loan calculator also assumes that the loan will be repaid in equal monthly installments through standard loan amortization (i.e., standard or extended loan repayment). The results will not be accurate for some of the alternate repayment plans, such as graduated repayment and income contingent repayment.

    Loan fees are used to adjust the initial loan balance so that the borrower nets the same amount after the fees are deducted.

    Some educational loans have a minimum monthly payment. Please enter the appropriate figure ($50 for Stafford Loans, $40 for Perkins Loans and $50 for PLUS Loans) in the minimum payment field. Enter a higher figure to see how much money you can save by paying off your debt faster. It will also show you how long it will take to pay off the loan at the higher monthly payment. You can also calculate private student loan eligibility on comparison sites like Credible.

    The questions concerning enrollment status, degree program and total years in college are optional and are designed to evaluate whether the total debt is excessive. The total years in college should include the total number of years in college so far (or projected) corresponding to the loan balance, including previous degrees received.