Financial Calculators
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.
All Calculators
Auto
- Auto Loan: Accelerated Payoff
By making a small additional monthly payment toward principal, you can greatly…
- Auto Purchase: Loan Versus 0% Dealer Financing?
At first glance, 0% financing appears to be the best option when purchasing an…
- How Much Vehicle Can I Afford?
Experts suggest that you should not allocate more than 20% of your take-home…
- Should I Lease or Purchase An Auto?
Leasing has become a very popular method of acquiring a new auto. Although the…
- Should I Upgrade To A More Fuel Efficient Vehicle?
It may make financial sense for you to sell your current vehicle and purchase…
- What Would My Auto Payments Be?
Many factors go into determining the final loan amount for the purchase of a…
Benefits
- Convert My Hourly Wage to an Equivalent Annual Salary
Use this calculator to determine your equivalent annual salary when given what…
- Convert My Salary to an Equivalent Hourly Wage
Use this calculator to determine what your hourly wage equates to when given…
Budgeting
- Becoming A Millionaire
It may surprise you how quickly you can accumulate a million dollars. Use this…
- Calculate Rate Of Return
The initial receipt or payment, the amount of subsequent receipts or payments,…
- Historical Inflation - Compare Purchasing Power
If your income does not keep pace with increasing consumer prices then your…
- How Do Taxes and Inflation Impact My Investment Return?
Taxes and inflation can have a dramatic effect on the growth of an investment.…
- How Does Inflation Impact My Standard Of Living?
Inflation can erode purchasing power. For example, a dollar today cannot buy…
- How Long Until My Savings Reach My Goal?
Compound interest can have a dramatic affect on the growth of a single deposit.…
- How Long Will It Take To Double My Savings?
Compound interest can have a dramatic affect on the growth of a single deposit.…
- How Long Will My Money Last With Systematic Withdrawals?
You have worked hard to accumulate your savings. Use this calculator to…
- How Much Do I Need For Emergencies?
It is prudent planning to have at least three to six months of liquid/cash…
- How Much Should I Save to Reach My Goal?
What are you saving for: a computer, car, boat, summer home, down payment? Use…
- Income Generated By A Savings Plan
Saving regularly can help you achieve your future income goals. Use this…
- Save Now vs. Save Later
A penny saved is a penny earned, but a penny saved today is a penny earning…
- Should I Pay Down Debt Or Invest My Monthly Surplus?
When you receive some extra money it may be difficult to determine whether you…
- Should My Spouse Enter the Work Force?
A working spouse can provide additional needed household income. However, when…
- What Could My Current Savings Grow To?
Compound interest can have a dramatic effect on the growth of series of regular…
- What Is My Current Cash Flow?
Businesses generate a sources and uses of cash statement to evaluate their…
- What Is My Current Net Worth?
In order to get where you want to go, you need to know where you are. You can…
- What Is My Projected Cash Flow?
Businesses generate a sources and uses of cash statement to evaluate their…
- What Is My Projected Net Worth?
In order to get where you want to go, you need to know where you are. You can…
- What Is The Effective Annual Yield On My Investment?
The number of compounding periods per year will affect the total interest…
- What Is The Value Of Reducing, Postponing or Foregoing Expenses?
Use this calculator to help determine what you could accumulate by not eating…
Credit
- How Long Until My Loan Is Paid Off?
By making consistent regular payments toward debt service you will eventually…
- How Long Will It Take To Pay Off My Credit Card?
Americans today owe more money than ever before. The fact that 'interest never…
- Restructuring Debts For Accelerated Payoff
The quickest way to retire your debt is to 1) determine what your total debt…
- Should I Consolidate My Personal Debt Into A New Loan?
With interest rates at historical lows, it may make sense to consolidate some…
- Should I Pay Off Debt or Invest?
When you receive some extra money it may be difficult to determine whether you…
- What Is The Balance On My Loan?
If you know your current payment, the interest rate and the term remaining, you…
- What Is The Impact Of Making Extra Payments On My Debt?
Over the course of a loan amortization you will spend hundreds, thousands, and…
- What Would My Loan Payments Be?
The loan amount, the interest rate, and the term of the loan can have a…
- Which Is Better: Cash Up Front Or Payments Over Time?
Use this calculator to help determine whether you are better off receiving a…
Credit Score
- Estimate Your Credit Score
This calculator will help you determine a range of possible credit scores based…
Death
- How Much Life Insurance Do I Need?
Planning to meet the financial needs of your survivors is one of the most…
Education
- How Much Should I Be Saving For College?
With college costs increasing at twice the rate of inflation, it is important…
- Should I Live At Home, On Campus, Or Off Campus?
Before deciding on room and board options when attending college, it may help…
- What Are The Advantages Of A 529 College Savings Plan?
Tax-deferral can have a dramatic affect on the growth of an investment. With a…
- What Are The Advantages Of A Coverdell ESA?
Tax-deferral can have a dramatic affect on the growth of an investment. With…
- What Are The Payments On A Parental (PLUS) Loan?
PLUS loans are low-interest federally insured loans for parents of…
- What Is The Value Of A College Education?
It may surprise you that, on average, an individual with a bachelor's degree…
- Will I Be Able To Pay Back My Student Loans?
When you borrow money for college you might not be thinking about your ability…
Health Care Costs
- How Long Will My Current Life Insurance Proceeds Last?
You may think that you are adequately insured in the event of your death. It…
- How Much Disability Income Do I Need?
Your chances of becoming disabled are far greater than your chances of dying.…
- How Much Will I Earn In My Lifetime?
Most people earn a small fortune during their lifetime. Yet many of them are…
- What Are My Chances of Becoming Disabled?
It may surprise you that 33.7 million non-institutionalized Americans (or 12.2…
- What Are My Long-Term Care Needs?
There are basically three ways to fund your long-term care needs: self-insure,…
- What Are My Needs For Burial And Final Expenses?
Long gone are the days of being buried in a pinewood box. Funeral expenses can…
- What Are The Tax Advantages Of An Annuity?
Deposits into an annuity are not tax-deductible, however you don't have to pay…
- What are the tax savings of a qualified retirement/cafeteria plan?
Implementation of a Qualified Plan and/or Section 125 Cafeteria Plan can result…
- What Is My Life Expectancy?
With medical advances and improved lifestyles, life expectancies in the United…
- What Is The Future Value Of An Annuity?
Unlike a taxable account, a fixed annuity enjoys the benefits of tax deferral.…
- Which Is Better, Comprehensive Plan Or High-Deductible Plan With HSA?
Health Savings Accounts (HSAs) were created by the Medicare bill signed by…
Investing
- Certificate Of Deposit (CD) Analyzer
Use this calculator to help determine the potential interest growth and tax…
- Certificate of Deposit (CD) laddering strategy
Typically you can receive higher crediting rates on a CD if you commit to…
- Compare Taxable Versus Tax-Free Investment Return
Many investments are taxed differently. For example with bonds, some may be…
- How Do Expenses Impact Mutual Fund Returns?
It may surprise you how sales charges, management fees and lost opportunity…
- How Should I Allocate My Assets?
Over 90 percent of investment returns are determined by how investors allocate…
- Taxable vs. Tax-Deferred Savings?
Tax-deferral can have a dramatic affect on the growth of an investment. Use…
- What Is My Risk Tolerance?
On your way home from work, do you drive in the slow lane or the fast lane?…
- What Is The Dividend Yield On A Stock?
Dividends paid by a corporation can make up a significant portion of the cash…
- What Is The Long-Term Impact Of Increased Investment Return?
It may surprise you how much more you could accumulate in savings simply by…
- What Is The Return On My Real Estate Investment?
Purchase price, loan terms, appreciation rate, taxes, expenses and other…
- What Is The Value Of A Bond?
Bond values are very sensitive to market interest rates. For example, if you…
- What Is The Value Of A Call Or Put Option?
A Call option represents the right (but not the requirement) to purchase a set…
- What Is The Value Of Compound Interest?
Compound interest can have a dramatic effect on the growth of an investment.…
Mortgage
- Adjustable Rate Mortgage Calculator
Unlike fixed rate mortgages, the payments on an adjustable rate mortgage will…
- Compare A 'No-Cost' Versus Traditional Mortgage
Many lenders will offer a 'no-cost' loan in lieu of a traditional mortgage.…
- Compare An Interest-Only Versus Traditional Mortgage
An interest-only mortgage may be enticing due to lower initial payments than a…
- Comparing Mortgage Terms (i.e. 15, 20, 30 year)
Different mortgage terms and rates can make the loan selection process…
- How Do Closing Costs Impact The Interest Rate?
If you choose to finance your closing costs, the monthly loan payments will be…
- How Much Home Can I Afford?
When you're buying a home, mortgage lenders don't look just at your income,…
- Mortgage Calculator
The loan amount, the interest rate, and the term of the mortgage can have a…
- Should I Convert to a Bi-Weekly Payment Schedule?
It may surprise you that most banks and mortgage companies collect two to three…
- Should I Pay Discount Points For A Lower Interest Rate?
In some cases, it may benefit you to 'buy down the interest rate' by paying…
- Should I Refinance My Mortgage?
Over the last couple of years with interest rates at a 40-year low, many people…
- Should I Rent or Buy A Home?
With interest rates near forty year lows, the decision to rent versus buy…
- What Are The Tax Savings Generated By My Mortgage?
With the interest on a mortgage being deductible when you itemize deductions,…
- Which is Better: Fixed or Adjustable-Rate Mortgage?
It is a difficult decision to decide between a fixed and an adjustable-rate…
Movies and Money
- How Much Am I Spending?
Where does all the money go? An itemization of your living expenses may help…
Retirement
- Are My Current Retirement Savings Sufficient?
One method of retirement planning is to project what you are currently saving…
- Compare the Roth 401(k) to a Traditional 401(k)
Your retirement income can vary widely depending on what type of account holds…
- Evaluate My Company Pension Payout Options
When you reach retirement, and if your company provides a pension program, you…
- How Do I Maximize My Employer 401(k) Match?
Many employees are not taking full advantage of their employer's matching…
- How Does Inflation Impact My Retirement Income Needs?
It may surprise you how fast inflation can erode purchasing power. Use this…
- How Much Can I Contribute To An IRA?
Many factors can affect your eligibility to contribute to an Individual…
- How much retirement income may my 401(k) provide?
It may surprise you how significant your retirement accumulation may become…
- How Much Retirement Income May My IRA Provide?
Your retirement income can vary widely depending on what type of IRA holds your…
- How Much Will I Need To Save For Retirement?
Retirement can be the saddest or happiest day of your life. This pre-retirement…
- How Will Retirement Impact My Living Expenses?
Your living expenses may increase or decrease at retirement but will likely not…
- I'm Retired, How Long Will My Savings Last?
Due to increasing life expectancies, many are running into the problem of…
- Net Unrealized Appreciation (NUA) vs. IRA Rollover
The NUA is important if you are distributing highly appreciated company stock…
- Self-Employed Retirement Plan Maximum Contribution Calculator
Compensation for a self-employed individual (sole proprietor or partner) is…
- Should I Convert Discretionary Expenses To Savings?
It may surprise you how much you can accumulate for retirement simply by…
- Should I Convert To A Roth IRA?
If your income is $100,000 or less and you are single or married, filing…
- Social Security Retirement Income Estimator
Depending upon your current earnings, Social Security can be a significant part…
- What Are My Lump Sum Distribution Options?
You've spent a long time accumulating funds in your retirement account. When…
- What Is My Current Year Required Minimum Distribution?
Current tax law specifies that once you reach age 70-1/2 you must begin making…
- What Is My Projected Required Minimum Distribution?
Current tax law specifies that once you reach age 70-1/2 you must begin making…
- What Is The Impact Of Borrowing From My 401(k) Plan?
Many people borrow from their company-sponsored 401(k) plan to pay off high…
- What Is The Impact Of Early Withdrawal From My 401(k)?
Many people feel the need to withdraw funds from their 401(k) plan due to…
- What Will My Qualified Plan(s) Be Worth At Retirement?
It may surprise you how significant your retirement accumulation may be simply…
- When Should I Begin Saving For Retirement?
A penny saved is a penny earned, but a penny saved today is a penny earning…
Taxes
- 2008 Tax Refund Estimator
Did you withhold enough in taxes this past year? Use this calculator to help…
- 2009 Federal Income Tax Estimator
As they say there is nothing more certain than death and taxes. Unfortunately,…
- Capital Gains (Losses) Tax Estimator
Federal taxes on your net capital gain(s) will vary depending on your marginal…
- Compare Taxable, Tax-Deferred And Tax-Free Investment Growth
Many investments are taxed differently. For example with bonds, some may be…
- How Much Of My Social Security Benefit May Be Taxed?
Did you know that the government may tax up to 85% of your Social Benefit? If…
- How Much Self-Employment Tax Will I Pay?
Self employment taxes are comprised of two parts: Social Security and Medicare.…
- Should I Adjust My Payroll Withholdings?
Each April many taxpayers are surprised as they realize that they have either…
- Should I Itemize Or Take The Standard Deduction?
If you have numerous itemized deductions such as mortgage interest, charitable…
- Tax Freedom Day
It might surprise you how many days you would have to work to pay your…
- What Are The Tax Implications Of Paying Interest?
Interest paid may or may not be tax-deductible depending on the type of…
- What Is My Potential Estate Tax Liability?
Federal estate tax rates go as high as 45% on taxable estates in years…
- What Is My Tax-Equivalent Yield?
Tax-free investments such as municipal bonds have lower yields due to their…
- Will My Investment Interest Be Deductible?
Interest paid on debts incurred in order to invest (such as 'margin accounts')…
Work
- How Much Will My Company Bonus Net After Taxes?
A bonus from your employer is always a good, however, you may want to estimate…
- How Will Payroll Adjustments Affect My Take-Home Pay?
Contributions to a qualified plan, participation in a company-sponsored…
- Should I Exercise My 'In-The-Money' Stock Options?
When your employee stock options become 'in-the-money', where the current price…
- What Could My 401(k) Be Worth?
It may surprise you how significant your retirement accumulation may become…
- What Is The Future Value Of My Employee Stock Options?
Your company-issued employee stock options may not be 'in-the-money' today but…
- What Is The Impact Of Increasing My 401(k) Contribution?
It may surprise you how significant your retirement accumulation may be simply…
- What Is The Impact Of Increasing My 457 Plan Contribution?
It may surprise you how significant your retirement accumulation may be simply…
- What May My 457 Plan Be Worth?
It may surprise you how significant your retirement accumulation may become…
