How Much Rent or Mortgage Can I Afford?
In general, your monthly rent or mortgage shouldn’t exceed 2.5% of your annual income or 30% of your monthly income.
How Long Will It Take Me To Pay Off My Debt?
Increasing your monthly payments (so that you pay down your principle faster) and/or reducing your interest rate (such as through consolidation) can help you reduce debt faster.
How Much Will My Money Grow?
Investing can help grow your wealth through the power of compounding. Simple index funds have historically achieved 6-10% returns per year over very long periods. Some individual stocks or sectors may achieve higher returns, but with higher risk.
Tools on this page are for informational purposes only. They are only estimates. They may not be accurate and are not a replacement for professional advice. See our Terms of Service for more info.