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The
Life
Events Planner consists of more than 20 interactive calculators
and dynamic reports. As a member of Swan Valley Credit Union you can use
the Life
Events Planner to help you assess your current financial situation
and plan for any future goals and events from evaluating education
savings and retirement needs to calculating lease and mortgage payments.
These calculators incorporate colorful graphs to enhance the displayed
results and also generate a summary report for you to review.
Enter the amount you have invested, how long you intend to stay invested, and your estimated rate of return. Click calculate to find out how much your investments will be worth at the end of the time specified. You must fill in all the entry boxes to use this calculator.
You must fill in all the entry boxes to use this calculator.
To use this calculator you must leave one box empty. For example, to find out what your mortgage payments will be, fill in the interest rate on your mortgage, the amount you are borrowing, and the number of years it will take to pay back the mortgage (the amortization). Click calculate to find out what your monthly payments will be, and the outstanding balance at the end of your term. You can also use the Mortgage Calculator to see how many years you can slice off your mortgage by using different strategies, such as increasing the size of your payments or paying more frequently. When interest rates change, the calculator can help you see what that will mean to your monthly payments. This is especially useful when your mortgage is up for renewal and you are trying to decide whether to choose a short or a long term.
To use this calculator you must leave one box empty. For example, to find out what your payment will be on a loan, enter the loan amount (principal), how long you will take to pay the loan back (the term), the interest rate, and how often you will make repayments. Click calculate to find out what your payments will be. If you are calculating a typical consumer loan, you can leave the "how often the loan compounds" field set at monthly.
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