Managing your finances is never easy especially if you have vast amounts of money to handle. However, there are several online financial planning calculators which can help you manage your finances easier while also providing you up-to-date news, weather information, and convenient bills and taxes payment facilities. The Internet makes your daily tasks of managing your finances easier through the latest online financial planning calculators. Let’s go over the most popular online financial planning calculators.
Debt Planning Calculator
This is an online aid that provides multiple functions that are particularly useful for credit cardholders. All you have to do is enter the balance, interest rate, and the minimum payment. From these entries, results will be displayed indicating the minimum amount you’ll be paying every month and the interests you’ll end up paying. Through this calculator, you can also determine the exact time when you’ll be debt free.
MMI (Money Management International) Calculator Service
MMI Calculator Service is a simple tool that you can use to manage your finances. This is an online financial planning calculator that is very user-friendly. This tool helps you record your existing loan payments and determine how long it will take for you to become debt free. The records are usually shown in charts through numeric and graphical representations. MMI also has the feature of providing options for you in case you decide to change your loan term payment amounts.
Loan Payment Calculator
A quick online financial planning calculator that helps you compute your monthly payments if you intend to borrow money for huge purchases.
Gross Merit Calculator
This is an easy-to-use online financial planning calculator that helps you reconcile your assets and your debts. If you plan to use this calculator, make sure that you are well aware of your financial status.
This online financial planning calculator helps you estimate your current savings program to prepare you for retirement. All you need to do is enter your basic finance information such as savings and salary earnings.
Adjustable Rate Mortgage & Fixed Rate Calculator
This online financial planning tool assists you in comparing rates between adjustable mortgages and fixed mortgages so you will know which option is best for you.
Credit Card Chooser Tool
There are two ways in selecting the right credit card. One is to determine if it helps you save money, and the other, if it costs you money. With the help of the Credit Card Chooser Tool, you can find out about interest charges and credit card balances. With this, you will know which credit card offers the best credit deal.