Compound Interest & Mortgage

Calculate how your savings could grow, how long your money could last and what your mortgage could cost. COMPOUND INTEREST • Start with your savings and add regular contributions. • See your projected balance, contributions and growth. • Estimate how long money takes to double with the Rule of 72. • Explore charts and yearly breakdowns. ADVANCED OPTIONS • Set contribution and compounding frequencies separately. • Choose payments at the start or end of each period. • Adjust for inflation and annual contribution increases. • Model positive or negative returns. WITHDRAWALS • Plan monthly or yearly withdrawals. • Include returns on your remaining savings. • Increase spending each year to reflect rising costs. • See your remaining balance and when savings could run out. MORTGAGE • Estimate monthly repayments. • See total interest and your estimated payoff age. • Review principal, interest…