Resources Financial Calculators

Here are some free online financial calculators, we can discuss how to best use these during any session:

Real Estate

House Affordability Calculator – There are two here that can be used to estimate the affordable amount for houses based on either household income-to-debt estimates or fixed monthly budgets.

Mortgage & Amortization Calculator

Mortgage Payoff Calculator – Use this calculator if the term length of the remaining loan is known and there is information on the original loan – good for new loans or preexisting loans that have never been supplemented with any external payments.

Amortization Calculator – This amortization calculator gives out the annual or monthly amortization schedule of a one-time fixed interest loan. This calculator also gives out the monthly payment and total interest to be paid.

Consumer Loans

Auto Loan & Amortization Calculator

Payment – This payment calculator can determine the payment amount or payment length for a one-time, fixed-interest loan.

Take Home Pay

Take Home Pay Calculator – To estimate the paycheck amount you bring home after taxes and deductions from your salary

Investment & Retirement

Retirement Calculators – Retirement planning is complex and varies by individual. Here are four retirement calculators designed for different retirement planning situations.

Investment Calculator – The investment calculator can be used to calculate a specific parameter for an investment plan.

Finance Calculator – This finance calculator can be used to calculate any number of the following parameters: future value (FV), number of compounding periods (N), interest rate (I/Y), annuity payment (PMT), and start principal if the other parameters are known.

Credit Card Debt

Credit Card Calculators – There are two here: Payback a certain amount and payback on a certain timeframe.

Resources Trusted Partners

James maintains a list of highly qualified trusted partners that you may find helpful. He is happy to refer clients to them as needed.