### Calculators

#### Mortgage Refinancing Calculator

 Mortgage Refinancing Calculator This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs. Enter the principal balance of your mortgage: (call your mortgage lender and ask for the current payoff amount) Enter the amount of your monthly mortgage payment (Principal & Interest Only): Enter your mortgage’s current interest rate: Enter interest rate you will be refinancing at: Enter the number of years you will be refinancing for: Enter the closing costs percentage pointsdollar amount : (Typically, # of points is “2” or dollar amount is .02 times the principal) Would you like to finance the closing costs? NoYes This is how much your monthly payment will be if you refinance: Monthly Payment Reduction: # of months for interest savings to offset closing costs: This is how much interest you will pay under your current monthly payment plan: This is how much interest you will pay under your refinanced monthly payment plan: This is how much interest you will save if you refinance: Net Refinancing Savings (interest savings less closing costs):

#### Credit Card Minimum Payment Interest Calculator V1

 Credit Card Minimum Payment Interest Calculator V1 This calculator will show you how much interest you will end up paying if you make only the minimum required payment on your credit card bill. It will also tell you how many minimum payments you will make before your balance is paid off (up to a maximum of 600 payments). Enter Dollar Amount Charged: Enter Annual Interest Rate (APR): Enter Minimum Payment Percent: (Check your statement — usually 2 or 3 percent) Minimum Minimum Payment: (Check your statement — usually 10 or 15 dollars) Total Interest Charges: Number of Monthly Payments: Total Number of Years:

#### Automobile Affordability Calculator

 Automobile Affordability Calculator This calculator will help you to compute how much car you can afford. Down payment amount you can afford (\$): Monthly payment amount you can afford (\$): Expected annual interest rate (%): Loan term (# of months): Value of your trade-in (\$): Cash rebate to be added to down payment (\$): You will be able to afford a vehicle that costs: Loan amount you would need to qualify for:

#### Car Lease Calculator

 Car Lease Calculator This calculator will attempt to estimate the monthly payment of a car you are looking to lease. Purchase price: Cash down payment: Net trade-in allowance: Sales tax rate percentage: Term (in months): New car lending rate (APR): Car value at end of lease: Monthly payment: Capitalized cost: Lease price: Residual value: Monthly depreciation fee: Monthly lease fee: Pre-tax montlhy payment: Monthly sales tax payment: