PERSONAL BUSINESS LENDING ABOUT US Calculators Savings Calculator How It Works With a savings account your money grows over time based on how much you save each month, the interest rate on the account, and how long you save. This savings calculator is designed to illustrate how your savings will grow using compound interest, which is the most common type of interest for savings accounts. The interest in this calculator is compounded monthly. Enter how much your initial deposit will be or how much you currently have in savings as the Starting Amount. Move the Monthly Savings slider to the amount you plan to contribute each month. Adjust the Interest Rate slider to the interest rate on your savings account. Finally, move the Years to Save slider to see how much you can save over time if you keep saving the same amount each month. How Much Can You Save? Adjust the inputs to see how much your monthly savings contributions will grow with interest. STARTING AMOUNT MONTHLY SAVINGS YEARS TO SAVE INTEREST RATE SAVINGS 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 $0 $20,000 $40,000 $66,000 YEARS $23,225 INTEREST EARNED $64,225 TOTAL SAVED Mortgage Calculator How It Works Because mortgage payments divide the cost of the mortgage into monthly chunks for the length of the loan, it can be hard to assess how much you'll end up paying in total for your home, and with interest, the amount you pay can be a lot more than you'd think. This calculator will help you see how much your home will actually cost you. Enter the price of your home as the Home Price. Move the Down Payment slider to the down payment you paid or will pay for the home. Move the Loan Term slider to the length of your mortgage loan and the Interest Rate slider to the interest rate. If you'd like to adjust the amount you pay for home insurance, property tax, or change the PMI, select Advanced Options. Mortgage Calculator Adjust the inputs to see how much your mortgage would cost over time. HOME PRICE DOWN PAYMENT ($50,000) LOAN TERM INTEREST RATE ADVANCED OPTIONS ANNUAL PAYMENTS 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 $0 $3,500 $7,000 $10,500 $14,000 YEARS $200,000 LOAN AMOUNT $1,043 MONTHLY PAYMENT $175,586 INTEREST TO BE PAID Dec 2051 PAYOFF DATE Early Mortgage Payoff Calculator How It Works The cost of a mortgage will continue to grow over the length of the loan. Over time, interest can add thousands of dollars to what you owe for your home. The quicker you payoff the mortgage, the less time that interest has to accrue, and the less you'll need to pay. This calculator will show how much you can save in time and money by adding to your monthly payment amount. Enter your price of the home as the Home Price and adjust the sliders to match the parameters of your mortgage. To see how much you can save by adding to your monthly payment, adjust the slider for the Added Monthly Amt. You can now compare the difference in payoff dates, total interest paid, and total amount paid for your home between paying the minimum payments and adding a bit more each month. Early Payoff Calculator Explore what it would take to pay off your mortgage early. HOME PRICE DOWN PAYMENT (20%) LOAN TERM INTEREST RATE ADDED MONTHLY AMT LOAN AMOUNT 0 1 2 3 4 5 6 7 8 9 10 0 50000 100000 150000 200000 YEARS $3,096 MONTHLY PAYMENT $20,204 INTEREST SAVINGS $31,429 INTEREST TO BE PAID Mar 2028 PAYOFF DATE Mortgage Affordability Calculator How It Works It's important to know if the monthly payments on a mortgage will fit within your budget. Simply said, this calculator helps you do that. Start by entering how much you think your monthly mortgage payment will be. Next, enter your monthly income after taxes. Finally, enter your expenses; add and delete categories to make your list of expenses as accurate as possible. Take a look at the results! 1234 Can You Afford a Mortgage? Give us a little information and we'll tell you how realistic it'd be to pay a monthly mortgage on your income. What is your projected monthly mortgage payment? NEXT Auto Loan Payoff Calculator [Extra Payments] How to Calculate Auto Loan Payoff The price of your vehicle, down payment you make, length of the loan, and interest rate are all factors that determine how much you'll pay for your car. Adding a bit more to your payments each month can help you pay off your car loan sooner and, ultimately, save you money. Use this calculator to see the impact of putting a bit more money toward your loan each month. Enter the price of your vehicle as the Vehicle Price and adjust the sliders to match the details of your loan. Move the Added Monthly Amt slider to see the impact of paying more toward the loan. Auto Loan Calculator Explore what it would take to pay off your auto loan early. VEHICLE PRICE DOWN PAYMENT (3.33%) LOAN TERM INTEREST RATE ADDED MONTHLY AMT LOAN AMOUNT 0 1 2 3 4 5 6 7 8 9 10 0 7500 15000 29000 YEARS $393 MONTHLY PAYMENT $1,899 INTEREST SAVINGS $4,333 INTEREST TO BE PAID Jan 2028 PAYOFF DATE Budget Calculator How It Works Budgeting enables you to meet your goals and prioritize your expenses. This calculator provides a way to list your monthly and yearly expenses and compare it to your income, making it simple to create a budget. To use the calculator, enter your monthly after-tax income. Select Add Another to add expenses. Use the dropdown arrow for each expense to adjust the label or delete it entirely. To the right of each individual expense, enter how much it costs. Budget Calculator Insert your monthly income and your monthly and yearly expenses to find out your net monthly and yearly income. BUDGET $1,835 MONTHLY SAVINGS $22,020 YEARLY SAVINGS MONTHLY AFTER-TAX INCOME MONTHLY EXPENSES Rent / Mortgage Utilities Phone Internet Car Payment Car Insurance Car Repairs Gas Clothing Other Food Utilities Phone Internet Car Payment Car Insurance Car Repairs Gas Clothing Other Entertainment Utilities Phone Internet Car Payment Car Insurance Car Repairs Gas Clothing Other Add another... YEARLY EXPENSES Medical [X] Delete Life Insurance Property Taxes Vacation Furniture Other Gifts [X] Delete Life Insurance Property Taxes Vacation Furniture Other Emergency [X] Delete Life Insurance Property Taxes Vacation Furniture Other Add another... Auto Loan Affordability Calculator How It Works Time for a new vehicle? It's wise to start with what you can afford and not just what you want to drive. This calculator will show you the sweet spot between what you want and what you can afford. Enter a preferred monthly payment, your down payment (cash you have on hand or trade-in value), the loan term you want, and the interest rate you hope to get. Auto Loan Affordability Explore how much car you can afford based on payment preferences. PREFERRED MONTHLY PAYMENT DOWN PAYMENT PREFERRED LOAN TERM INTEREST RATE LOAN AMOUNT 0 6 12 18 24 30 36 $0 $3,500 $7,000 $10,500 $14,000 MONTHS $14,599 CAR COST $13,599 MAX LOAN $800 INTEREST PAID Locations & Hours Call Us Email Us Lost or Stolen Card 1-833-337-6075 About Us History & Mission Contact Us Locations Hours How Can We Help? Find an ATM Education Center Calculators Reorder Checks Report a Lost or Stolen Card Security & Privacy Privacy Policy Disclosures Terms of Use Fraud Identity Theft Copyright © 2021 The Twin Valley Bank. All rights reserved. Member FDIC. Equal Housing Lender. Equal Housing Lender Federal Deposit Insurance Corporation