Make smarter financial decisions with our free, easy-to-use calculators for investments, loans, mortgages, and more.
See how your investments grow over time with compound interest.
Calculate the return on investment for stocks and shares.
Calculate return on investment for various financial decisions.
Calculate the future value of an appreciating asset or investment.
Calculate monthly mortgage payments and see amortization schedule.
Calculate loan payments, interest, and total cost over time.
Calculate payoff time and interest for credit card debt.
Calculate asset depreciation using various methods.
Simple interest is calculated only on the principal amount, while compound interest is calculated on both the principal and the accumulated interest, resulting in interest on interest. This makes compound interest grow exponentially over time.
Our mortgage calculators provide accurate estimates based on the information you provide. However, actual mortgage terms may vary based on lender-specific terms, credit score, down payment, and other factors. Always consult with a financial advisor or lender for personalized advice.
Amortization is the process of paying off a debt through regular payments over time. An amortization schedule shows how each payment is split between interest and principal, helping you understand how your debt decreases over the life of the loan.
The amount you should save for retirement depends on your expected lifestyle, retirement age, life expectancy, and other income sources. A common guideline is to save 15-20% of your income, aiming to replace 70-80% of your pre-retirement income.
ROI (Return on Investment) measures the profitability of an investment. It's calculated by dividing the net profit by the cost of the investment, then multiplying by 100 to get a percentage. For example, if you invest $1,000 and receive $1,200 back, your ROI is 20%.
Our currency exchange rates are updated daily to reflect market rates. However, actual rates for transactions may vary based on the financial institution and any fees they charge for currency conversion.
Two popular strategies are the avalanche method (paying off highest interest debt first) and the snowball method (paying off smallest balances first). The avalanche method saves the most money, while the snowball method provides psychological wins that may help maintain motivation.
Net worth is calculated by subtracting your total liabilities (debts) from your total assets. Assets include cash, investments, property, and valuables. Liabilities include mortgages, loans, credit card debt, and other financial obligations.
Mortgage rates are influenced by economic factors like inflation and Federal Reserve policies, as well as personal factors including credit score, down payment amount, loan term, loan type, and loan-to-value ratio.
Inflation reduces the purchasing power of money over time. To maintain or grow wealth, your investments need to earn a rate of return that exceeds the inflation rate. Our inflation calculator can help you understand how inflation affects your long-term financial goals.