Useful

Tools, references and materials for financial decisions

Financial Calculators

Calculate your monthly payment and total interest on a loan

Find out your deposit income including compound interest

Calculate mortgage payments and the total cost of housing

Annuity

Equal monthly loan payments that include a portion of principal and interest

Declining Payment

A payment where the principal decreases in equal portions while interest is charged on the remaining balance

Effective Rate (APR)

Total cost of credit including all fees and charges, expressed as an annual percentage

Liquidity

The ability of an asset to be quickly converted to cash without significant loss of value

Overdraft

A short-term loan provided by the bank when there are insufficient funds in the account