Links & Resources
- www.bankofamerica.com
- This is a great web site for using their calculators to find out mortgages, loans, retirement, college savings plans and investment topics. Who can resist a calculator when you get to pick your own interest rate?
- www.bankrate.com
- This web site calculates your car and mortgage monthly payments when you provide the simple information. For homes, simply include the mortgage amount, mortgage term, interest rate of your mortgage and the mortgage start date. The other valuable tool this site provides is an amortization table for your mortgage. It shows you how much, each month, you will be paying toward interest and how much toward principal; the actual payment on the price of your home that you borrowed. This is one of our favorite sites, and we are sure as soon as our principal paid is more than our interest paid each month, we will really enjoy it even more.
- www.auto-loan-calculator.bz/index.htm
- The web site has a calculator for all the major finance questions you and your spouse will cover when discussing bringing home a new car. I have no doubt that there are nuances to everyone’s situation that the web site may or may not cover. However, I also have no doubt that this web site will shed light on finance questions about your car that the two of you may have disagreed on earlier.
- www.statefarm.com
- This is a fun web site to look at car purchasing through. You can calculate both your monthly cost if you lease or buy your car. They also have a section for budgeting. It includes quick budgets for “How much does it cost to raise a child?”, “How much am I spending?” and “Should my spouse work, too?” All good topics for discussion, I think!
- www.federalreserve.gov
- This web site is loaded with financial information for a couple to browse through related to personal financial planning. It includes separate sections on consumer credit, car leasing, mortgages, and an entire program on personal finance. Now, it’s up to you two, once again, to agree on the personal finance topics that this web site discusses.
