Chesapeake Tax & Accounting, LLC

Our Able Toolbelt

Should I refinance my mortgage? How much do I need to save for my child's college education? As accounting professionals, these are some of the questions that are posed to us on a daily basis. We are providing these interactive financial calculators and other tools to assist you with some of the day-to-day questions and concerns that may arise. While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.

Loan Amortization –It seems people want to see weekly, daily, quarterly, and other loan amortization schedules. This is a generic loan amortization where you specify the number of periods per year.

How much house can you afford? – Calculate the amount of mortgage you can afford using standard ratios and guidelines. This has been changed to allow higher debt ratios for expensive housing markets.

Simple Savings Calculator - Given a beginning balance and a monthly deposit, watch your money grow!

Retirement Calculator - Enter required income, number of years, and inflation and this will tell you how much you must put away. This is also applicable for planning college tuition and related expenses.

Lease Calculator - Car leasing payment calculator.

Mortgage Duration - Calculate how long a loan will last with a set payment, or find how much to pay to end your loan at a certain time period.

Monthly Payment table generator – see how much your payment will be at various loan amounts and interest rates.

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