Financial Calculators

Should I Finance or Pay Cash?

Vehicle Price ($)

Down Payment ($)

Loan Rate (% APR)

Loan Term (months)

Expected Investment Return (% annually)

Total cost if financed—

Lost investment earnings—

Total cost if paying cash—

Recommendation—

How Much Will My Payments Be?

Loan Amount ($)

Annual Interest Rate (%)

Loan Term (months)

Monthly payment—

Total amount paid—

Total interest paid—

Should I Purchase or Lease?

Vehicle Price ($)

Down Payment ($)

Purchase Rate (% APR)

Purchase Term (months)

Monthly Lease Payment ($)

Lease Term (months)

Monthly purchase payment—

Total purchase cost over same period—

Total lease cost—

Cost difference—

How Much Should I Put Down?

Vehicle Price ($)

Annual Interest Rate (%)

Loan Term (months)

Desired Monthly Payment ($)

Required down payment—

Down payment as % of price—

Loan amount—

Note: Auto calculator results are estimates for comparison purposes. Actual loan offers may vary based on credit score, lender terms, and fees. Consult Milton's office for personalized guidance.

What Will it Take to Pay Off My Credit Card?

Current Balance ($)

Annual Interest Rate / APR (%)

I want to:

Monthly Payment ($)

Target Months to Payoff

Months to pay off—

Total interest paid—

Total amount paid—

How Much Does That Loan Really Cost?

Loan Amount ($)

Stated Interest Rate (%)

Loan Term (months)

Origination / Closing Fees ($)

Monthly payment—

Total interest paid—

Total fees—

True total cost of loan—

Effective APR (with fees)—

Note: Credit card payoff calculations assume no new charges are added. Effective APR is an approximation. Minimum payment requirements vary by lender.

How Much Must I Withdraw From My IRA? (RMD)

IRA Account Balance (Dec 31 prior year) ($)

Your Age (as of this year)

IRS Distribution Period—

Required Minimum Distribution—

Monthly equivalent—

How Much Can I Contribute to an IRA?

IRA Type

Filing Status

Your Age

Modified AGI ($)

Covered by employer retirement plan?

Maximum contribution—

Catch-up (age 50+)—

Note: RMD uses the IRS Uniform Lifetime Table III. IRA contribution limits are based on 2024 IRS guidelines ($7,000 base / $8,000 age 50+). Phase-out ranges and rules change annually. Consult a tax professional for your specific situation.

How Much Will My Savings Be Worth?

Current Savings ($)

Monthly Contribution ($)

Annual Interest Rate (%)

Years to Save

Total contributions—

Total interest earned—

Future value—

What Will it Take to Save For a Goal?

Savings Goal ($)

Current Savings ($)

Years to Reach Goal

Expected Annual Return (%)

Required monthly savings—

Total you'll contribute—

Interest that does the work—

Note: Savings calculations assume a fixed, compounded rate and consistent contributions. Actual returns vary. Past investment performance does not guarantee future results.

What is the Yield to Maturity?

Face Value ($)

Current Market Price ($)

Annual Coupon Rate (%)

Years to Maturity

Annual coupon payment—

Yield to Maturity (YTM)—

Current yield—

YTM is computed using an iterative approximation (Newton–Raphson method).

What Selling Price Provides My Desired Return?

Purchase Price ($)

Desired Annual Return (%)

Holding Period (years)

Annual Income / Dividends Received ($)

Required selling price—

Total income received—

Required capital gain—

Note: Investment calculations do not account for taxes, commissions, or inflation. YTM is an approximation. These tools are for educational purposes only — not investment advice.

How Much Life Insurance Do I Need?

Annual Income ($)

Years of Income to Replace

Outstanding Debts ($)

Final Expenses / Funeral ($)

Current Savings & Assets ($)

Existing Life Insurance ($)

Years Until Youngest Child is Self-Sufficient

Income replacement need—

Debt payoff need—

Final expenses—

Less: assets & existing coverage—

Recommended coverage—

Note: Life insurance needs vary based on personal circumstances, inflation, and future income growth. This estimate is a starting point — consult Milton's office or a licensed insurance professional for a complete analysis.

Should I Finance or Pay Cash?

How Much Will My Payments Be?

Should I Purchase or Lease?

How Much Should I Put Down?

What Will it Take to Pay Off My Credit Card?

How Much Does That Loan Really Cost?

How Much Must I Withdraw From My IRA? (RMD)

How Much Can I Contribute to an IRA?

How Much Will My Savings Be Worth?

What Will it Take to Save For a Goal?

What is the Yield to Maturity?

What Selling Price Provides My Desired Return?

How Much Life Insurance Do I Need?

Have questions about your results?