MoneyLife® Calculators™

Rent vs. Buy

Not sure whether it makes more financial sense to rent or buy your next home? This calculator will help you decide which is the best fit for you.

Mortgage Pre-Payment

This simple calculator will show you how making extra mortgage payments will affect the amount you’ll pay and the duration of your mortgage term.

15 vs 30 Year Loan Comparison

Not sure if a 15 or 30-year home loan is right for you? This comparison calculator will help you see the differences between mortgage terms.

ARM vs Fixed Rate Mortgage Calculator

When considering mortgage options, it’s best to consider all the options available to you. This simple calculator will show you the differences between a fixed mortgage and one with an adjustable rate.

Mortgage Consolidation & Refinancing Calculator

This calculator will help you to decide whether or not it would be advantageous for you to refinance either a single mortgage, or the consolidation of a first and second mortgage into a single mortgage.

Mortgage Payment Calculator w/Amortization

This calculator will compute a mortgage's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate.  

Mortgage Payoff Goal Calculator

This calculator will show you the additional monthly payment you will need to make on your current mortgage in order to pay it off within a specified number of years. 

Mortgage Qualification Calculator

This calculator will show you how much house you can afford / qualify for. Remember that your budget should ultimately determine how much you should spend on housing each month.

Mortgage Refinancing Calculator

This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate.  

Mortgage Term Comparison Calculator

This calculator that will help you to compare monthly payments and interest costs of home mortgages at various loan term lengths.

Debt Snowball Calculator

Use this calculator to show you how much time and money you could save by paying off your debts using the "rollover" method.  

College Funding Calculator

This calculator will help you to determine how much money you need to invest on a monthly basis now, in order to be able to pay for your child's college education by the time they are ready to start college.  

Monthly Deposit Savings Calculator w/Compounding Comparison

This calculator will help you to determine the future value of a monthly investment at various compounding intervals.

Retirement Savings Calculator

Use this calculator to compute how much you would need to have invested in order to withdraw a specified amount each month over the course of a specified period of time.

Savings Goal Calculator

Use this calculator to figure how much your current savings will grow and how much more you'll need to save each month in order to achieve a given savings goal within a given number of years.

Single Deposit Savings Calculator

This calculator will help you to determine the future value of a one-time investment.

Life Insurance Need Calculator

Use this calculator to help you decide how much life insurance you need if your survivors invest the life insurance benefits they receive.

Auto Payment Comparison Calculator

Use this calculator to compare monthly payments given the six most popular auto loan lengths.

Automobile Affordability Calculator

This calculator will help you to compute how much car you can afford. Remember that your budget should ultimately determine how much you should spend on transportation each month.

Automobile Loan Payment Calculator

This simple calculator will compute the monthly payment of an automobile loan.