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How to Calculate Home Equity

Savings Corner

You can use your equity to renovate some rooms, pay off credit cards, cover college tuition, start your own business … or almost anything else. Before you can explore how to use this source of wealth, though, you need to know how much you have. Here’s how to calculate the equity in your home. Using our example above, that’s 0.8

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Refinance Calculator | Bankrate

Savings Corner

The money you tap from your home’s equity can be used to consolidate higher-interest debt or to improve your home. Most experts say you’ll want to be in your house at least two to five years after refinancing, but you should do your own break-even calculation to figure out what makes the most sense for you.

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Mortgage Calculator with PMI and Taxes

Savings Corner

How to use the mortgage calculator Under “Home price,” enter the price (if you’re buying) or the current value (if you’re refinancing). NerdWallet also has a refinancing calculator. Using NerdWallet’s mortgage calculator lets you estimate your mortgage payment when you buy a home or refinance.

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Savings Calculator – NerdWallet

Savings Corner

Our partners cannot pay us to guarantee favorable reviews of their products or services. Use this free savings calculator to understand how your money can grow over time. Use the free savings calculator below to understand how your money can grow over time. How do you calculate interest on a savings account?

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How Much House Can I Afford? Affordability Calculator

Savings Corner

To calculate how much house you can afford, we take into account a few primary items, such as your household income, monthly debts (for example, car loan and student loan payments) and the amount of savings available for a down payment. If you want to explore an FHA loan further, use our FHA mortgage calculator for more details.

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401(k) Calculator: Calculate Your Match & Future Balance

Savings Corner

How to use this 401(k) calculator Based on your current age, income, any current 401(k) balance and current contributions, the calculator will estimate how much you’ll have in your 401(k) by retirement. The calculator also allows you to input your 401(k) fees if applicable, which will reduce your expected rate of return.

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Go Green and Save Money by Using Free Online Calculators

Prairie Eco-Thrifter

As far as immediate usefulness goes, nothing beats online calculators in this regard. If you’re serious about going green and saving money, then it’s probably a good idea you bookmark the following online calculators: Retirement Calculator. Household Budget Calculator. Credit Card Repayment Calculator.