Line by line insert your income and expenses. See both where your money comes from and where it goes each week, month, or year. Build up a visual representation to help spike out areas where spending exceeds or is under expectation. Take charge of your finances!
Quickly and easily project your savings far into the future. See what difference each additional percentage of 401(k) contribution makes 30 or 40 years down the road. Play around with interest rates, inflation, and portfolio mix to determine how each may influence your retirement fund or target retirement date.
Thinking about student loans with the hope of utilizing one of many Government programs to repay them. If done properly, much of your Student Loan balance may be forgiven at the end of a 10, 20, or 25 year period. Use this model to estimate what your future payments may look like!
As it turns out, Principal and Interest (P&I) are only the beginning to calculating your monthly payments. See the impact of the oft overlooked Property Taxes and Closing Costs on what would otherwise be a very reasonable mortgage!
Does your employer offer multiple options for health insurance? What is the real-world difference between a $500 deductible and a $2,000 deductible? Will I ever hit my Out of Pocket Maximum? Answer all of these questions and more! Input an expectation for the healthcare services you will require in the upcoming year, and see which of the offered plans is right for you.
Why is the bottom number on my paycheck half of that top number?! A question many of us have asked ourselves. Now, you can follow along the journey as not only Uncle Sam, but also your State and even local Municipality all take their cut. Understand how each tax is calculated, and see the impact on total taxation as your income grows over time.
Ever wonder about the magical machine a car salesman uses when determining your monthly payments on a lease? It is actually much more straightforward than you think! In this model, adjust variables such as selling price, money factor, and residual to determine what really drives those rates through the roof, or back down to earth.