#GOOGLE FINANCE CALCULATOR HOW TO#
#GOOGLE FINANCE CALCULATOR FREE#

The app is “TC Financial Calculators” and you can find it by either entering that title into the app search bar or using the links at the end of this article. Fortunately, now there is a user-friendly app that puts calculating power right at your fingertips! We love the Truth Concepts, however, the learning curve and investment is a bit much for the layperson. Some of the calculators can do complex work, such as calculating the internal rate of return of a whole life policy or comparing different types of investments with unequal cash flows. “TC” helps advisors compare various financial strategies such as different investments, loans, rental properties, or tax strategies. Comprised of more than 20 individual calculators and tools used by financial professionals, Truth Concepts helps that create clarity around personal finance decisions. Many advisors in the Prosperity Economics Movement use Truth Concepts financial calculators.

#GOOGLE FINANCE CALCULATOR FREE#

If so, the free financial calculator app we share today will help you make smarter financial decisions with ease!

#GOOGLE FINANCE CALCULATOR HOW TO#

Or maybe you’ve learned how to use a Texas Instruments or HP financial calculator… but you’d love something simpler. Perhaps you’ve found yourself Googling for an online financial calculator to find the answer to a personal finance question… but the functionality is limited. But you need a financial calculator to figure out how much interest you can expect from your bank CD over time, or how your mortgage payment would change with various interest rates. More money will be applied to the principal balance each time you pay, and in doing this you not only reduce the amount of Interest that will be charged on each proceeding payment, but you also reduce the number of periods that you will be charged interest for over the entire course of payment.Most people have a calculator on their smartphone that can add, subtract, multiply and divide. This is also why increasing your monthly payment will significantly reduce the amount of interest that you pay in the long run. This is why a lower payment actually benefits the lender more than you… because with a lower payment, less is paid towards your principal balance each month, and therefore you will have to pay more months of charged interest in the long run. This means that only what is left over after paying interest, is applied to your principal balance. With a fixed rate loan, you will have a certain amount of interest that you must pay each month, based on your current principal balance and your interest rate. How to decrease payoff time and interest paid for loans Get your copy of the loan payoff calculator template Then you will be able to see how this information changes as you enter different values into the sheet. So you will be able to see how long it will take to payoff your loan, how much interest you can expect to pay, and the total amount of money that you should expect to pay with interest included. There are also totals that will calculate at the top of the sheet, on columns that have dollar amounts. (See the bottom of this page for definitions of varying loan terminology)Īfter entering your principal balance, the interest rate, and the actual payment amount, the following information will calculate and display on the right side of the template: The “Actual Payment” is what you should adjust to see your payoff information. Note that the minimum monthly payment does not affect the calculations in this template. There is also a place for you to name the loan, as well as a place to enter your minimum monthly payment. The following values are the most important to fill in the template, as they directly affect the payoff calculations: This loan payoff template will allow you to track and calculate the months/years until payoff for multiple loans, whether you are wanting to track your student loans, your mortgage, or any other fixed rate loan.īelow is a general explanation on how the loan payoff calculator template works, and then after that I will give you specific instructions on how to use the template.

Google finance calculator