financial calculators list

Online Financial Calculators & Amortization

These financial calculators have been updated. If you have questions or concerns regarding these calculators, please call us at (800) 426-4741. Alternatively, email us at info@timevalue.com.

Calculator disclaimer

The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.

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amortization

You can now create and print an amortization schedule in seconds with TValue Amortization Software.

TCalc™ Rent vs. Buy Calculator

This calculator will compare the cost of renting vs. the real cost of buying a home. This calculator will compare the costs and benefits of taxes, fees, and interest you will pay when buying a home to the monthly rent you pay when renting. It does not include payments made against the principal on your loan, since those payments become equity in your home.

For help with a particular item, click on the "?" next to the item.

Monthly rent: $
Home cost: $
Down payment: $
Loan term: months
Points: %
Fees: $
Mortgage insurance: ? $
Homeowner's insurance: ? $
Association dues: ? $
Average monthly maintenance: ? $
Property tax: %
State and Federal income tax: ? %
Interest rate: %
Your savings rate: ? %
How much will your home appreciate each year?: ? %
How much will rent increase each year?: ? %
How long will you stay in this property?: ? months

  Rent   Buy
Monthly expenses
Monthly payment   800.00   658.60
Property tax   0.00
Association dues   0.00
Mortgage insurance   0.00
Homeowner's insurance   0.00
Other costs   0.00
Total Monthly payment   800.00   658.60
Present value of all costs over 60 months ?   43,537.67   27,359.58
Home equity ?   4,911.08
Total net cost   43,537.67   22,448.50

You will save $21,089.17 if you buy instead of rent.

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