Create an amortization schedule and see the dramatic effect that the loan amount, interest rate, and term of a mortgage can have a on the total cost of a property. Further, mortgage payments typically include monthly allocations toward property taxes, hazard insurance, and possibly private mortgage insurance.
Discovery Resource #: C-08
This calculator will help you determine how much you might be able to borrow to pay for a home, taking into account your liabilities and credit score as well as your income and assets.
With interest rates near forty year lows, the decision to rent versus buy becomes difficult. Use this calculator to help determine which makes sense for you at this time.
The sooner you begin saving for your child’s college education the faster your savings will grow. Use this calculator to see the benefits of compound interest and how a small monthly contribution can grow to into siginficant savings if you start now.
Planning to meet the financial needs of your survivors is one of the most important steps toward creating a sound financial plan for you and your family. Use this calculator to see how much life insurance you may need to protect your family’s financial future.