FiLife provides a full set of financial calculators to help you understand your personal finance situations and make informed decisions. From a mortgage calculator to a credit card debt calculator, we have you covered.
By making a small additional monthly payment toward principal, you can greatly…
At first glance, 0% financing appears to be the best option when purchasing an…
Experts suggest that you should not allocate more than 20% of your take-home…
Leasing has become a very popular method of acquiring a new auto. Although the…
It may make financial sense for you to sell your current vehicle and purchase…
Many factors go into determining the final loan amount for the purchase of a…
Use this calculator to determine your equivalent annual salary when given what…
Use this calculator to determine what your hourly wage equates to when given…
It may surprise you how quickly you can accumulate a million dollars. Use this…
The initial receipt or payment, the amount of subsequent receipts or payments,…
If your income does not keep pace with increasing consumer prices then your…
Taxes and inflation can have a dramatic effect on the growth of an investment.…
Inflation can erode purchasing power. For example, a dollar today cannot buy…
Compound interest can have a dramatic affect on the growth of a single deposit.…
Compound interest can have a dramatic affect on the growth of a single deposit.…
You have worked hard to accumulate your savings. Use this calculator to…
It is prudent planning to have at least three to six months of liquid/cash…
What are you saving for: a computer, car, boat, summer home, down payment? Use…
Saving regularly can help you achieve your future income goals. Use this…
A penny saved is a penny earned, but a penny saved today is a penny earning…
When you receive some extra money it may be difficult to determine whether you…
A working spouse can provide additional needed household income. However, when…
Compound interest can have a dramatic effect on the growth of series of regular…
Businesses generate a sources and uses of cash statement to evaluate their…
In order to get where you want to go, you need to know where you are. You can…
Businesses generate a sources and uses of cash statement to evaluate their…
In order to get where you want to go, you need to know where you are. You can…
The number of compounding periods per year will affect the total interest…
Use this calculator to help determine what you could accumulate by not eating…
By making consistent regular payments toward debt service you will eventually…
Americans today owe more money than ever before. The fact that 'interest never…
The quickest way to retire your debt is to 1) determine what your total debt…
With interest rates at historical lows, it may make sense to consolidate some…
When you receive some extra money it may be difficult to determine whether you…
If you know your current payment, the interest rate and the term remaining, you…
Over the course of a loan amortization you will spend hundreds, thousands, and…
The loan amount, the interest rate, and the term of the loan can have a…
Use this calculator to help determine whether you are better off receiving a…
This calculator will help you determine a range of possible credit scores based…
Planning to meet the financial needs of your survivors is one of the most…
With college costs increasing at twice the rate of inflation, it is important…
Before deciding on room and board options when attending college, it may help…
Tax-deferral can have a dramatic affect on the growth of an investment. With a…
Tax-deferral can have a dramatic affect on the growth of an investment. With…
PLUS loans are low-interest federally insured loans for parents of…
It may surprise you that, on average, an individual with a bachelor's degree…
When you borrow money for college you might not be thinking about your ability…
You may think that you are adequately insured in the event of your death. It…
Your chances of becoming disabled are far greater than your chances of dying.…
Most people earn a small fortune during their lifetime. Yet many of them are…
It may surprise you that 33.7 million non-institutionalized Americans (or 12.2…
There are basically three ways to fund your long-term care needs: self-insure,…
Long gone are the days of being buried in a pinewood box. Funeral expenses can…
Deposits into an annuity are not tax-deductible, however you don't have to pay…
Implementation of a Qualified Plan and/or Section 125 Cafeteria Plan can result…
With medical advances and improved lifestyles, life expectancies in the United…
Unlike a taxable account, a fixed annuity enjoys the benefits of tax deferral.…
Health Savings Accounts (HSAs) were created by the Medicare bill signed by…
Use this calculator to help determine the potential interest growth and tax…
Typically you can receive higher crediting rates on a CD if you commit to…
Many investments are taxed differently. For example with bonds, some may be…
It may surprise you how sales charges, management fees and lost opportunity…
Over 90 percent of investment returns are determined by how investors allocate…
Tax-deferral can have a dramatic affect on the growth of an investment. Use…
On your way home from work, do you drive in the slow lane or the fast lane?…
Dividends paid by a corporation can make up a significant portion of the cash…
It may surprise you how much more you could accumulate in savings simply by…
Purchase price, loan terms, appreciation rate, taxes, expenses and other…
Bond values are very sensitive to market interest rates. For example, if you…
A Call option represents the right (but not the requirement) to purchase a set…
Compound interest can have a dramatic effect on the growth of an investment.…
Unlike fixed rate mortgages, the payments on an adjustable rate mortgage will…
Many lenders will offer a 'no-cost' loan in lieu of a traditional mortgage.…
An interest-only mortgage may be enticing due to lower initial payments than a…
Different mortgage terms and rates can make the loan selection process…
If you choose to finance your closing costs, the monthly loan payments will be…
When you're buying a home, mortgage lenders don't look just at your income,…
The loan amount, the interest rate, and the term of the mortgage can have a…
It may surprise you that most banks and mortgage companies collect two to three…
In some cases, it may benefit you to 'buy down the interest rate' by paying…
Over the last couple of years with interest rates at a 40-year low, many people…
With interest rates near forty year lows, the decision to rent versus buy…
With the interest on a mortgage being deductible when you itemize deductions,…
It is a difficult decision to decide between a fixed and an adjustable-rate…
Where does all the money go? An itemization of your living expenses may help…
One method of retirement planning is to project what you are currently saving…
Your retirement income can vary widely depending on what type of account holds…
When you reach retirement, and if your company provides a pension program, you…
Many employees are not taking full advantage of their employer's matching…
It may surprise you how fast inflation can erode purchasing power. Use this…
Many factors can affect your eligibility to contribute to an Individual…
It may surprise you how significant your retirement accumulation may become…
Your retirement income can vary widely depending on what type of IRA holds your…
Retirement can be the saddest or happiest day of your life. This pre-retirement…
Your living expenses may increase or decrease at retirement but will likely not…
Due to increasing life expectancies, many are running into the problem of…
The NUA is important if you are distributing highly appreciated company stock…
Compensation for a self-employed individual (sole proprietor or partner) is…
It may surprise you how much you can accumulate for retirement simply by…
If your income is $100,000 or less and you are single or married, filing…
Depending upon your current earnings, Social Security can be a significant part…
You've spent a long time accumulating funds in your retirement account. When…
Current tax law specifies that once you reach age 70-1/2 you must begin making…
Current tax law specifies that once you reach age 70-1/2 you must begin making…
Many people borrow from their company-sponsored 401(k) plan to pay off high…
Many people feel the need to withdraw funds from their 401(k) plan due to…
It may surprise you how significant your retirement accumulation may be simply…
A penny saved is a penny earned, but a penny saved today is a penny earning…
Did you withhold enough in taxes this past year? Use this calculator to help…
As they say there is nothing more certain than death and taxes. Unfortunately,…
Federal taxes on your net capital gain(s) will vary depending on your marginal…
Many investments are taxed differently. For example with bonds, some may be…
Did you know that the government may tax up to 85% of your Social Benefit? If…
Self employment taxes are comprised of two parts: Social Security and Medicare.…
Each April many taxpayers are surprised as they realize that they have either…
If you have numerous itemized deductions such as mortgage interest, charitable…
It might surprise you how many days you would have to work to pay your…
Interest paid may or may not be tax-deductible depending on the type of…
Federal estate tax rates go as high as 45% on taxable estates in years…
Tax-free investments such as municipal bonds have lower yields due to their…
Interest paid on debts incurred in order to invest (such as 'margin accounts')…
A bonus from your employer is always a good, however, you may want to estimate…
Contributions to a qualified plan, participation in a company-sponsored…
When your employee stock options become 'in-the-money', where the current price…
It may surprise you how significant your retirement accumulation may become…
Your company-issued employee stock options may not be 'in-the-money' today but…
It may surprise you how significant your retirement accumulation may be simply…
It may surprise you how significant your retirement accumulation may be simply…
It may surprise you how significant your retirement accumulation may become…
