Financial Tools

Net Worth

How much are you worth? The Net Worth calculator determines the total value of what you own (your Assets) minus what you owe others (your Liabilities). Net worth is often called for by a lender prior to loaning you money. Also known as: Personal Financial Statement of Worth.

http://cgi.money.cnn.com/tools/networth_ageincome/index.html

Household Budget

Where does all the money go? How can you save more? Do you have enough for retirement? The place to start is to develop a household budget that tracks your income and expenses for the year. This calculator is also the starting point for tax planning. Use this calculator to develop your own budget. http://www.cccsstl.org/debt_test/cccs_monthly_budget_calculator.asp

College Savings

Use this calculator to determine the required savings needed to send yourself, your spouse, child or grandchild to college. The model will assist in determining how much you need to save to meet this lofty financial obligation.

http://apps.collegeboard.com/fincalc/college_savings.jsp

Lease vs. Buying

When is it a better deal to lease a car versus purchase a car with a loan? While there are many factors besides cost, this financial tool will calculate the total cost of a lease versus the total cost of a car loan.

http://www.nebs.com/nebsEcat/business_tools/lease.jsp

Homeownership

Need help understanding the complexities of home financing? These Financial tools can help. Use the Home affordability calculator prior to talking to a banker or house hunting. Use the PI Calculator to determine your payment requirements on different houses or with different loans. Use the refinance calculator to determine the benefit of lower interest rates.

http://cgi.money.cnn.com/tools/houseafford/houseafford.html