Calculators

GarvFinancial.com provides financial calculators as a free resource to consumer so that they have the tools to make the best decisions regarding their financial health and wellness.

Budgeting Calculators

• Budget Percent Calculator
  The budget percent calculator follows the percentage guidelines based on net income compiled by Dave Ramsey which he states are only recommended percentages and will change radically if you have very high or very low income. For example, if you have very low income your necessities percentages will be high. If you have high income, your necessities will be a lower percentage or income and hopefully savings (not debt) will be higher than recommended.
• Cash Flow Calculator
  The cash flow calculator was designed to convert all inflows and outflows into their monthly equivalents making it easier to see how much you can really afford to spend during any given month. The various sections of the calculator have been set up in the same way most businesses would set up their cash flow worksheet.
• Expense Percentage Calculator
  The expense percentage calculator will help you to ascertain what percentage of your income you are currently spending on each of your various expense categories (clothing, food, etc.).
• Irregular Payments Budget Calculator
  The irregular payments budget calculator converts your non-monthly payments into monthly equivalents, and then it gives you the total. This total will reflect how much you will need to set aside every month in order to make your non-monthly payments as they come due.

Credit Card Calculators

• Credit Card Comparison Calculator
  This credit card comparison calculator will aid you in comparing the long-term costs of credit cards that have varying annual fees, interest rates, introductory rates, and compounding intervals. Simply enter a balance amount, a payment amount, and the terms for each card, then click the “Compute” button.
• Credit Card Minimum Payment Interest Calculator
  This credit card minimum payment interest calculator will show you how much interest you pay if you make only the minimum payments on your credit card bills, assuming no additional charges are made on the credit cards.
• Fixed Vs. Minimum Payment Calculator

Credit Line Calculators

• Credit Line Qualification Calculator
  The credit line qualification calculator will estimate the amount of credit line that you may qualify for, for up to four lender Loan-to-Value ratios (percent of value of home a lender is willing to loan out).

Debt Calculators

• Accelerated Debt Payoff Calculator
  This accelerated debt payoff calculator will show you the amount of money and time that may be saved by paying off your debts using the “rollover” method. The rollover method, as each smaller debt is paid off, the freed-up payment amount is then applied to the next larger debt, and so on until all debts are paid off. This method may save you large sums in interest charges, and allow you to become debt free in a very short period of time.
• Average Interest Rate Calculator
  This average interest rate calculator will help you calculate the average combined interest rate you are paying on up to fifteen of outstanding debts. The computation can be helpful when deciding whether or not to relocate the balances of several credit cards to another card or to another form of debt (loans, etc.).
• Debt Calculator
  This debt calculator will estimate the amount of time needed to pay off a given debt. Additionally, it will inform you the average monthly interest you will pay between now and when the debt is paid off.
• Debt Consolidation Calculator
  This debt consolidation calculator helps you determine whether or not consolidating your debt will actually reduce the cost of retiring your debts. It is valuable tool before embarking upon debt consolidation.
• Debt Consolidation Calculator (Home Equity Loan)
  Find out how the debt consolidation calculator can help you discover how much your monthly payment will be if  you consolidate all of your debts into a single home-equity loan.
• Debt Consolidation Calculator
  The debt consolidation calculator can help you determine whether or not to consolidate all of your debts in one loan.
• Debt Investment Calculator
  The debt investment calculator gives you a different way to look at your debt, as an investment. Try it, see how much you could be earning if you increased your payment on any one of your debts.
• Debt Investment Calculator - One-time Investment
  The debt investment calculator calculates return on your investment if you add an extra amount to your next debt payment.
• Debt Investment Calculator with Amortization Schedule
  The debt investment calculator with amortization schedule helps you in deciding what to do when faced with the choice of investing extra monetary funds or using the extra money to pay off debts.
• Debt Payoff Goal Calculator
  The debt payoff goal calculator will calculate the amount needed to pay each month to meet your goal of paying off a given debt by a selected date.
• Debt Ratio Calculator
  The debt ratio calculator helps determine your debt to income ratio. As a rule of thumb, if a debt ratio is greater than or equal to 40%, it indicates that the borrower is not a good loan risk.

Dollar Stretching Calculators

• Brown Bag Savings Calculator
  This brown bag savings calculator will compute how much you can save if you bring your own lunch to work instead of eating out. Also, it will show you how much your brown-bag savings would grow if you invested the difference.

Home Buying and Selling Calculators

• Rent Vs. Buy Calculator
  The rent vs. buy calculator aids you deciding if it is wiser to rent or buy based on your financial circumstances.
• Tax Benefits Calculator
  The tax benefits calculator helps you estimate the tax benefits of home buying versus renting.

Investment Calculators

• 1031 Exchange Calculator
  The investment calculator can help you to ascertain the tax deferment that you may realize by performing a 1031 tax exchange rather than a taxable sale.
• Taxable Vs. Tax-deferred Calculator
  The taxable vs. tax-deferred calculator compares taxable and tax-deferred investments and their impact on the bottom line.

Life Insurance Calculators

• Life Insurance Need Calculator
  The life insurance need calculator aids you determining the actual life insurance you need to suit your needs.

Loan Calculators

• Bi-Weekly Vs. Monthly Loan Calculator
  The bi-weekly vs. monthly loan calculator will compute your savings by making biweekly payments instead of monthly payments.
• Loan Balance Calculator
  This loan balance calculator helps you determine the loan’s current balance when payments have been different than those stipulated in the original loan terms.
• Loan Comparison Calculator
  This loan comparison calculator computes the monthly payment and interest costs for up to four loans - all on one screen.
• Loan Payment Calculator with Amortization Schedule
  The loan payment calculator with amortization schedule determines what your loan payments will be at various payment intervals.
• Payment Breakdown Calculator
  This payment breakdown calculator determines the principal and interest breakdown on any given payment number.
• Simple Loan Calculator
  The simple loan calculator calculates the loan’s monthly payment amount and the total interest based on the purchase price, interest rate down payment amount, and number of monthly payments.

Mortgage Calculators

• Adjustable Rate Mortgage Calculator
  The adjustable rate mortgage calculator helps you determine what your adjustable rate mortgage payment will be.
• APR Calculator
  This APR calculator will calculate the effective interest rate of a mortgage when upfront loan costs are included.
• ARM vs Fixed Rate Mortgage Calculator
  The ARM vs. fixed rate mortgage calculator performs a comparison of a fixed rate mortgage an adjustable rate mortgage.
• Bi-Weekly Mortgage Calculator
  The bi-weekly mortgage calculator determines the time and money you can I save if you make bi-weekly payments on your mortgage.
• Interest Only vs. Principal and Interest Mortgage Calculator
  The interest only vs. principal and interest mortgage calculator determines the payment difference between an interest only mortgage and a principal & interest mortgage.
• Mortgage Balance Calculator
  This mortgage balance calculator helps you determine the current balance of your mortgage home loan based on the number of mortgage payments you have made.
• Mortgage Consolidation and Refinancing Calculator
  The mortgage consolidation and refinancing calculators inform you if consolidation of the first and second mortgage into a single mortgage refinance makes sense.
• Mortgage Payment Calculator with Amortization
  Use the mortgage payment calculator with amortization to calculate your monthly mortgage payment.
• Mortgage Payoff Goal Calculator
  The mortgage payoff goal calculator shows you the additional monthly mortgage home loans payments you will need to make in order to pay the loan off within a specified number of years.  Also, it will show you how much interest you will save if you make additional payments each month until your mortgage is paid off.
• Mortgage Qualification Calculator
  The mortgage qualification calculator determines how much house you can afford and/or qualify for.
• Mortgage Rate Comparison Calculator
  The mortgage rate comparison calculator helps you to compare monthly payments and interest costs of home loan mortgages at up to five interest rates simultaneously.
• Mortgage Refinancing Calculator
  The mortgage refinancing calculator helps you to decide whether or not to perform a mortgage refinance of your existing mortgage loan to a lower interest rate.
• Mortgage Tax-Savings Calculator
  The mortgage tax-savings calculator computes your tax savings due to a mortgage.
• Mortgage Term Comparison Calculator
  The mortgage term comparison calculator helps you compare monthly payments and interest costs of home mortgages at various loan term lengths.
• Renter Mortgage Affordability Calculator
  The renter mortgage affordability calculator estimates the size of a mortgage you can afford based on the size of your monthly rent payment, the down payment you can afford, and on the anticipated property taxes and homeowners insurance.

Net-Worth Calculators

• Net Worth Calculator
  The net worth calculator shows the financial picture of your current financial condition.

Retirement Account Calculators

• IRA to Roth Conversion Calculator
  Use the traditional IRA to Roth conversion calculator to discover if the conversion to a Roth IRA makes sense.

Savings Calculators

• College Funding Calculator
  This college funding calculator helps determine the amount of money you will need to invest on a monthly basis now, in order to be able to pay for your child’s college education by the time they are ready to start college.
• Inflation Calculator
  The inflation calculator will show you how inflation has affected consumer buying power from a given base year to a given result year. Results are based on the annual average CPI (Consumer Price Index), as reported by the Bureau of Labor Statistics, for the years 1913 to 2003.
• Interest Withdrawal vs Reinvestment Calculator
  The interest withdrawal vs. reinvestment calculator shows the difference it will make if you reinvest the interest earned rather than withdrawing it.
• Lump Sum Savings Calculator
  The lump sum savings calculator calculates how much you would need to invest in order to have your investment grow to a specific amount within a specified time-frame.
• Monthly Deposit Savings Calculator with Compounding Comparison
  Determine the future value of your monthly savings deposits at various compounding intervals with the monthly deposit savings calculator.
• Monthly Deposit Time Calculator
  The monthly deposit time calculator computes how long it will take you to reach your desired savings goal, based on three factors: the amount you currently have set aside, the amount you can add to your savings each month and the annual interest rate you expect to earn.
• Retirement Savings Calculator
  Use the retirement savings calculator to calculate how much you would need to have invested in order to withdraw a specified amount each month over the course of a specified period of time.
• Savings Goal Calculator
  The savings goal calculator figures out how much your current savings will grow and how much more you’ll need to save each month in order to achieve a given savings goal within a given number of years.
• Spending Cost Calculator
  The spending cost calculator helps you make wise decisions regarding expenditures on non-essential, non-investment products or services.
• Variable Compounding and Deposit Savings Calculator
  Compare two investment alternatives that have different rates and/or compounding intervals with the variable compounding and deposit savings calculator.

Transportation Calculators

• Auto Lease Vs. Buy Calculator
  Compare before you get your next auto, whether to buy or lease with the auto lease vs. buy calculator.
• Auto Loan Rate Comparison Calculator
  The auto loan rate comparison calculator helps you compare monthly payments and interest costs of auto loans at up to five term and rate combinations simultaneously.
• Auto Loan Rebate Financing Comparison
  The auto loan rebate financing comparison helps you to decide whether or not you should take the rebate, or if you should go with the special dealer financing.
• Auto Loan Vs. Home Equity Loan Calculator
  Explore proper finance options with the auto loan vs. home equity loan calculator, find out if you should finance your car with an auto loan or with a home equity loan.
• Auto Payment Comparison Calculator
  Use the auto payment comparison calculator to compare monthly payments given the six most popular auto loan lengths.
• Automobile Affordability Calculator
  Discover how much car you can afford with the automobile affordability calculator.
• Car Cost Comparison Calculator
  Find out the real cost of buying and owning a with the car cost comparison calculator.
• Car Lease Calculator
  The car lease calculator estimates the monthly payment of a car you are looking to lease.
• Car Operating Cost Calculator
  Use the Car Operating Cost calculator to estimate the cost of owning and operating your car.
• Gas Budget Calculator
  The gas budget calculator estimates your annual gasoline cost given the type of car you drive, the number of miles you drive per year, and the price you are paying for a gallon of gasoline.
• Transportation Savings Calculator
  The transportation savings calculator helps you to determine any savings that might occur if you were to choose a transportation alternative (walking, bus ride, biking, etc.) to driving your car.

Work-Related Calculators

• Lifetime Earnings Calculator
  The lifetime earnings calculator makes you aware of just how much money you (and your spouse/mate, if applicable) will have the opportunity to manage at retirement.