Instructions for the Financial Calculator

Please Note: The calculator is accurate to two decimal places for results up to $99,999.99. Above that amount the calculator rounds to the nearest whole dollar amount. Above $999,999, the response will be out of range and the result will be inaccurate. Please contact us at the credit union for further assistance.

To Print the Contents of the Calculator: Click on the PRINT PAGE button inside the calculator.  This will print the calculator to the screen.  Click the PRINT icon in the Tools bar. After the page has printed, click the BACK icon on the Tool bar to return to the calculator.

Calculate PAYMENT or FUTURE VALUE: Enter into the PRINCIPAL field of the calculator the amount financed or invested.  Select one of the loan or savings types listed at the top. When you select a type of account, the calculator enters an associated APR (interest rate) and TERM (number of months) into the calculator fields, and calculates a PAYMENT or FUTURE VALUE.

Calculate PRINCIPAL based on monthly payment: Enter into the PAYMENT field of the calculator the monthly payment.  Select the pull down menu and change the "Calculate PAYMENT" to "Calculate PRINCIPAL". Select the loan type. When you select a loan type, the calculator enters the appropriate associated interest and time and calculates the PRINCIPAL.

Savings or Loan Types: The lists of types of savings or loans at the top of the calculator enter the interest rate and number of months into the Rate and Term fields required for the calculation.

Compare your Costs orSavings:This feature saves the results in the calculator. The results appear below the calculator as a list of numbers. You can compare different loans or savings types.

Compute your own data: Use the sliding bars to vary all the data and determine your best deal.