Saturday, September 18, 2010

personal finance money management

If you are having a tough time understanding the nitty gritty of your mortgage, like the total interest you’ll end up paying and the monthly payments you’ll need to make, then you might as well use this simple web based tool called the AmortizationLoanCalculator.

It asks you for the principal loan amount, the loan term and the annual interest rate and returns a table that’s an amortization schedule showing your periodic payments, what part of it is going towards paying the principal and the interest, and the overall interest you pay in the lifetime of the mortgage.

As you can see in the above screenshot, the table is pretty easy understand. The C Prin and C Int stand for cumulative principal and cumulative interest respectively.

Features

  • Online calculator for calculating loan payments and interest.
  • Simple interface; no sign up required.
  • Enter the principal amount, loan term and annual interest rate.
  • Amortization schedule with cumulative rates and amounts displayed.

Check out AmortizationLoanCalculator @ amortizationloancalculator.net/index.php (By Abhijeet from Guiding Tech)

With so many options, risks and complicated strategies, smart investments are not an easy thing to do. FutureAdvisor is a personal investment advisor that helps you with managing and optimizing your investment portfolio by providing in-depth analysis, forecasts and saving tips.

Once you synchronize your brokerage and retirement accounts to FutureAdvisor it tells you if you are on track to retire at your desired age and how your portfolio would fluctuate if market performance changes. You also get tips on how to diversify your portfolio, save money by investing in similar lower-fees mutual funds and build a portfolio customized to your exact needs. FutureAdvisor also lets you work out different scenarios for an early or late retirement.

Features:

  • Get personal investment advice.
  • Helps to optimize your investment portfolio.
  • Get tips on asset allocation, cost savings and good investments.
  • See an in-depth analysis and forecast based on your needs.
  • Completely secure synchronization to your investment accounts.
  • Get tips to retire early with smart investment strategies.

Visit FutureAdvisor at www.futureadvisor.com [Via class="vt-p">LifeHacker]


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