Note: You will be redirected to another site. I’ve set the link to open to another tab so you don’t forget about me.
Amortization Calculator:
I use this calculator to determine how much interest I will owe on my mortgage and I also used it as a tool to see how much I would save if I refinanced by entering my current rate and new rate as well as my timeline for paying off my debt.
Historical Investment Calculator:
Great tool for new investors to see that generally, the money you invest does increase over a long period of time. Over any 10 year period, your money will have grown more than if you had left it in a bank earning almost no interest. This can also be used as a fun tool to see how much you would have made if you had invested a certain amount of money between a certain time period.
Compound Interest Calculator:
I use this tool very often to help me see the power of compounding interest work it’s magic on regular investments I am making.
If you know of any good calculators that you like, comment below and I’ll take a look.
Thank you!