Calculators

Loans

  • Comparison: This calculator will help you to compare the total interest charges of four different loans.
  • Payments: This calculator will show amount of payment, total paid over the life of the loan, total interest, and can build a payment schedule.

Mortgage

  • Refinancing: This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
  • Bi-Weekly: This calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year–without hardly noticing the additional cash outflow. But, as you’re about to discover, you will certainly notice the increased cash flow that will occur when you pay your mortgage off way ahead of schedule!

Debt

  • Investment: Before you go throwing darts on Wall Street, check to make sure you can’t earn a higher rate of return simply by investing in your own debt! For example, if you have a credit card balance that’s costing you 19% per year, and you increase your payment, you will get a guaranteed 19% return on your investment. What’s more, your earnings will be tax-free! So use this calculator to see how much you could be earning if you increased your payment on any one of your debts.

Savings

  • Lifetime: This calculator will show you how much you’ll save over the course of your lifetime when permanently switching from any given high priced buying habit (name brand) to its functional, less expensive equivalent (generic). Plus, it will also show you how much interest you could earn if you were to invest all or part of those savings as you realized them. As you’re about to see, “a penny saved” can REALLY ADD UP!

Interest

  • Future Value: This calculator will show you the Forgone Interest Earnings that will result after spending a given dollar amount on a non-appreciating, non-necessary purchase.
  • Future Value of Periodic Payments: This calculator will show you how much interest you will earn over a given period of time; at any given interest rate; based on an initial investment plus a fixed monthly addition. The calculator compounds monthly and assumes deposits are made at the beginning of each month.
  • Credit Card Minimum Payments: This calculator will show you how much interest you will end up paying if you make only the minimum required payment on your credit card bill. It will also tell you how many minimum payments you will make before your balance is paid off (up to a maximum of 600 payments).

Auto

  • Car Cost Comparison: When buying a car most people fail to consider ALL of the expenses that will be generated by their purchase. And because nearly all car buying scenarios come with different variables (depreciation rates, interest rates, purchase prices, insurance costs, mpg ratings, etc.), it becomes extremely difficult to compare one buying scenario with another…until now that is. This calculator will not only help you to forecast the REAL COST of buying and owning a car, but it will also help you to more accurately compare the real cost of one car buying scenario with the real cost of a second car buying scenario.

Budget

  • Family Budget: Staying on track with your finances affects your credit. This Family Budget calculator will assist you in preparing a monthly budget.

Valued Customer

We're Big on Small Business!  Check out what our customers are saying.   We’ve helped large and small businesses in Texas prosper for more than 30 years.  We are ready to extend our knowledge and lending expertise to you. Call or come by today! http://www.youtube.com/watch?v=Y1BLa4aH0Tk