What are personal finance calculators?
Personal finance calculators, quite simply, are calculators that tell you specific financial information. These calculators have you fill in a series of different fields, then calculates a dollar amount, length of time, etc. Personal finance calculators basically take the work out of determining certain sums, interest rates, and so forth.

There are many different personal finance calculators that range from figuring out how much it costs to raise a child to determining how long it will take to pay down your debt. Some of the most common personal finance calculators including some of the following:



• Mortgage calculator. Enter in information such as your down payment, purchase price of the home, and interest rate to determine what monthly payments will be.


•  Savings calculator. Enter in how much you save each month and it will tell you how long it will take you to save up a certain amount of money.


•  Car payment calculator. Enter in your down payment, price of car, and loan period to determine what your monthly payments will be.


•  401k savings. This will help you calculate how much you can expect to have in your 401k savings when you retire.


•  Lunch savings calculator. This calculator asks information like how long you plan to save the money you would be spending on lunch, the cost of a bagged lunch, and other info to tell you how much you can save by bringing your lunch to work instead of eating out.


•  Student budget calculator. This detailed calculator will help students to make a workable budget while they are in school.


•  Life insurance calculator. This calculator will help you to decide how much life insurance you will need for your family based on a number of given circumstances.

These are just a few. There are personal finance calculators for virtually any financial situation you encounter.

Where to find personal finance calculators
You can find personal finance calculators by doing a simple search online for the type of calculator you'd like to find. If you just want to browse them, the following are some good websites for personal finance calculators.



• www.bankrate.com This website has a number of finance calculators, everything from determining if your spouse can afford to stay home to mortgage calculators if you are shopping for a new home.


•  http://finance.yahoo.com/ Yahoo's finance page also has different finance calculators you will find useful.


•  http://www.kiplinger.com/tools/ This website has financial calculators for things such as careers, retirement, real estate, college, saving, and more and is an excellent source for personal finance calculators.

If you're like most people, when you are determining budgets and finances, you want all the help you can get. Personal finance calculators are a good, accurate way to help you with your financial planning, whether it's figuring out how long it will take you pay down your debt or save for college.