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CALCULATOR
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DESCRIPTION
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Mortgage Payment Calculator
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This calculator will help you decide how much of a house you can afford
and what your monthly payment will be.
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Installment Loan Calculator
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Calculate your monthly payment based on the interest rate and the length of the loan.
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Mortgage Refinancing Calculator
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This calculator will help you to decide whether or not you should
refinance your current mortgage at a lower interest rate. And 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.
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Future Value of a Payment
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This calculator will help you to estimate the future value of a single
investment, based on the interest rate and the number of years invested.
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Life Time Savings Calculator
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This calculator will show you how much you'll save over the course of your
lifetime when permanently switching from any given high priced buying habit
(name brand) to its functional, less expensive equivalent (generic). Plus, it
will also show you how much interest you could earn if you were to invest all or
part of those savings as you realized them. As you will see, "a penny
saved" can really add up!
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Bi-Weekly Mortgage Calculator
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This calculator will show you how much you will save if you make 1/2 of your
mortgage payment every two weeks instead of making a full mortgage payment once
a month. In effect, you will be making one extra mortgage payment per
year -- hardly noticing the additional cash outflow. But, as you're about to
discover, you will certainly notice the increased cash flow that will occur when
you pay your mortgage off way ahead of schedule!
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Future Value of Periodic Payments
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This calculator will show you how much interest you will earn over a given
period of time; at any given interest rate; based on an initial investment plus a
fixed monthly addition. The calculator compounds monthly and assumes deposits
are made at the beginning of each month.
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Debt Instrument Calculator
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This Calculator will calculate the interest savings that you will
realize when you increase the payment amount on any one of your interest bearing
debts. And since "A penny saved is a penny earned," these savings translate
into a guaranteed, tax-free return on your debt-invested dollars!
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