FINANCIAL TOOLS
You may be asking: “Should I refinance my mortgage?” or “How much do I need to save for my child's college education?” As accounting professionals, these are some of the questions that are posed to us on a daily basis.
We are providing these interactive financial calculators and other tools to assist you with some of the day-to-day questions and concerns that may arise.
While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.
AutoMOTIVE
What you can expect to pay
Use this calculator to help you determine your monthly car loan payment or your car purchase price. After you have entered your current information, use the graph options to see how different loan terms or down payments can impact your monthly payment. You can also examine your complete amortization schedule by clicking on the "View Report" button.
Credit Cards / DEBT
Get back your financial freedom
This calculator will help you see what it will take to pay off your remaining credit card balance, and what you can change to meet your repayment goals.
Loans
Alternative Payment Frequencies
Use this calculator to determine your payment or loan amount for different payment frequencies. You can make payments weekly, biweekly, semimonthly, monthly, bimonthly, quarterly, semiannually or annually. You can then examine your principal balances by payment, total of all payments made, and total interest paid.
Amortizing Loan Calculator
Enter your desired payment - and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made, and total interest paid. Press the report button to see a monthly payment schedule.
Mortgage
Refinance Interest Savings
How much interest can you save if you refinance your mortgage? The Should I Refinance Calculator helps you find out. Enter the specifics about your current mortgage, along with your current appraised value, new loan term, rate and closing costs. The calculator will determine how much interest refinancing can save you and if you should refinance your mortgage. In addition, it will calculate the number of months to break even on closing costs with your reduced monthly payment.
Savings
1. College Savings
Saving for your children's education requires a long-term plan. And, like saving for retirement, the earlier you start your plan the better. Use this calculator to help develop or fine-tune your education savings plan. Click the "View Report" button for a detailed look at the results.
2. Cool Million
What might it take to save one million dollars? This financial calculator helps you find out. Enter in your current savings plan and graphically view your financial results for each year until you retire. Press the "View Report" button for a report that helps you see when you might hit your cool million - and what you might be able to do to possibly achieve this goal.
3. Savings Goals
Planning a sabbatical? Saving for a down payment on a house? What will it take to reach your financial goal? This calculator helps you find out. Enter in your savings plan and view graphically your financial results. Click the report button to get more information about your plan, and what you can do to help ensure that it is on track.
