MoneySmart$ is an easy-to-use financial calculator that will instantly give you the bottom line on your money. Use MoneySmart$ to calculate:
Loans - Enter Loan Amount, Interest Rate and the number of years and MoneySmart$ will tell you the monthly payment amount, the total interest you'll pay and print a complete month-by-month amortization schedule.
Time - Just enter the loan amount, the annual interest rate and how much you can pay each month and MoneySmart$ will tell you how long in months it will take you to pay off that loan.
Savings - Enter your goal savings amount, the number of years you have to reach that goal and the interest rate at which you can invest your savings, and MoneySmart$ tells you how much you need to save each month to reach that goal. Great for planning for your child's college fund or saving for a new car!
Future Value - How much can you expect to have by investing a set amount each month at a fixed interest rate in ? number of years? MoneySmart$ can tell you the future value of your monthly investments so you can plan for retirement or any other special event.