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Financial Calculators

Financial tools and calculators evaluate different scenarios and demonstrate with charts and numbers the impacts of several financial decisions. The goal is to visualize with concrete numbers and great objectivity your present and future situation.

Credit   |   Loans   |   Car Lease & Loan   |   Real Estate & Mortgage   |   Taxes   |   Investments

Credit

Credit You want to improve your credit score so you can have access to credit, lower your interest rate, or get a bigger loan?

 

Personal Credit Score

Personal Credit Score

The FICO beacon score is the most used scale in the world of credit and finance to measure the risk of a borrower when it comes for financial institution to attribute a loan or a credit card.

 

Commercial Credit Score

Commercial Credit Score

The credit rating of a company shown on the commercial credit report is calculated using several criteria.

 
 

Paying Less With Credit Promotions

Paying Less With Credit Promotions

We are regularly exposed to credit promotions. Some offer credit cards at zero percent interest and others are linked with the purchase of goods and propose no payment for several months.

 

What is the Payment Index of your Company?

Payment Index of your Company

The payment index shown publicly on the commercial credit report of your company is a weighted average of late days in which you pay your suppliers.

 
 

Calculate the Annual Effective Rate of your Prompt Payment Discount

Calculate the Annual Effective Rate of your Prompt Payment Discount

Say you have access to a discount by paying your supplier earlier, but you hesitate? No matter what is the reason, it is wise to calculate the annual rate to evaluate your opportunity cost.

 
 

Car Lease & Loan

Buy or Lease a Car (Vehicle)?

Buy or Lease a Car?

When we plan to acquire a car, a truck or any other kinds of vehicle, we always wonder what cost the most between financing and leasing.

 

Monthly payments when leasing or financing a vehicle

Monthly payments when leasing or financing a vehicle

The monthly payments calculated with a long term contract for the use of a car or any other vehicle will differ if it is leased or financed.

 
 

Calculate Your Car Lease-End Options

Calculate Your Lease-End Options

For the lessee (renter), the end of a term on a car lease means it is time to make a decision regarding the vehicle and the residual value written on the contract.

 

When is it Profitable to End a Car Lease or Loan Contract Agreement?

When is it Profitable to End a Car Lease or Loan Contract Agreement?

A vehicle depreciates in a non linear trend during its term, unlike the outstanding balance, and there is always a risk when leasing or financing that the vehicle value will be lower than its book value.

 
 

Real Estate and Mortgage

Buy a Home or Rent and Save?

Buy a Home or Rent and Save?

We are all confronted at one point in your life between renting a place and buying a house. There are many advantages and disadvantages for both parts; some of the arguments are qualitative and others quantitative.

 

What Is the Home Value You Could Afford?

What Is the Home Value You Could Afford?

We often think that buying a house only involves replacing the rent with the mortgage payments. This is far from the truth; considerable expenses, other than the mortgage payment, are added when purchasing a house.

 
 

Calculate the Net Profitability of your Rental Income Property

Rental Income Property

Buying a real estate property with the goal of renting it is an investment that insures a constant cash flow income.

 

Estimate your Home Value Appreciation and the Profits from its Future Sale

Estimate your Home Value Appreciation and the Profits from its Future Sale

You can evaluate your future house equity by using an appreciation rate on your property's value, and compare its final value with the future mortgage balance that will be left to be paid.

 
 

House Flipping; Calculate your Net Profit

House Flipping; Calculate your Net Profit

Renovating for profit, also known as flipping a house, involves buying a property, renovating it and selling it at higher price to make a profit.

 
 
Numbers in our calculators are rounded to two decimals.
The same calculations made in an Excel spreadsheet may differ slightly.

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