Calculators


 
  
Single Deposit Savings Calculator

Enter deposit amount, interest rate, years, and "Compute" for future Value & Interest earned.

Deposit amount:
Annual interest rate:
Number of years:
               Monthly Payment:
Interest earned: 

 
 
 
  
Loan Payment Calculator

will compute a loan's monthly payment and total interest charges.

Principal:
Interest rate:
# of years:
               Monthly Payment:
Interest earned: 

  
Loan Payment Calculator with Amortization Schedule

Will compute loan's payment amount at various intervals -- based on loan amount, term, interest rate. Click on "Create Amortization Schedule" to print out a report.

Loan Amount:
Interest Rate:
Number of years:
Payment:
First payment:
                Payment Amount:

  
Net Worth Calculator

This form will help to take a "picture" of your current financial condition. if you compute your Net Worth now, recompute 3 months later, you will see if your financial picture is improving.

Complete the six sections. Click on "Create Report" to print-out a report.

Your Name: Date of report:
Assets Liabilities
Liquid Assets Short-Term
Cash (checking & savings accounts): Credit Cards:
Short-Term Investments: Car Loan:
Treasury Bills: Construction Liens/Notes/Balances Due:
Savings Certificates: Loan on Life Insurance:
Money Market Funds: Installment Loans:
Cash Value of Life Insurance: Accrued Income Taxes:
Other: Other Debt:
Total Liquid Assets: Total Short-Term Liabilities:
Investment Assets Long-Term
Notes Receivable: Loans to Purchase Personal Assets:
Marketable Securities: Loan to Acquire Business:
Securities: Mortgage on Personal Residence(s):
Bonds: Note to Business:
Real Estate (investment): Other:
Tax Incentive Investments: Other:
Retirement Funds: Other:
Total Investment Assets: Total Long-Term Liabilities:
Personal Assets Contingent Liabilities
Residence: Endorser:
Vacation Property: Guarantor (SBA Loan):
Art, Antiques: Damage Claims:
Furnishings: Taxes:
Vehicles: Other:
Other: Other:
Total Personal Assets: Total Contingent Liabilities:
Total Assets: Total Liabilities:
Net Worth:


The Above Numbers Are Only Estimates: Be aware that the above numbers are only estimates. The future value and interest earned can vary. The above numbers are provided only as an initial estimate and are only as accurate as the underlying assumptions. Be sure to consult your bank officer for accurate, up-to-date information as it relates to your particular situation.

How The Amount Is Determined: The estimated amount of the loan you can afford is determined by considering the amount the monthly payment and down payment affords without regard to possible limiting factors such as adequacy of down payment, your capacity to assume additional debt, etc. Please be aware that these and other factors may influence the amount of loan you can afford.

A Word About Insurance: You may be required to pay insurance, it will depend of the Loan-to-Value ratio. This ratio is computed as the value of the loan divided by the value of the asset you are buying or using as collateral and indicates how much you actually have a loan for. Depending of the value of the loan-to-value ratio many lenders will require insurance.

If the loan is a Mortgage, Insurance is paid monthly and is added to the monthly escrow (or impound) amount you pay to cover homeowner's insurance and property taxes. Annual mortgage insurance premiums are usually determined by multiplying the initial loan amount by anywhere from ¼% to 1% or more (depending on the loan-to-value ratio) and then dividing that amount by 12 to get the monthly amount.

Many Factors Influence The Ability To Obtain Financing: Many factors influence the cost of and ability to arrange for financing. Some key factors are the price of the asset you want to buy or are using as collateral versus its appraisal value, your credit history, current debt burden, current employment, employment history, and amount (and sometimes the source) of down payment. Please consult with your lender for additional information. All loan applications are subject to credit approval.