To convert hourly pay to an annual salary, multiply your hourly rate by the hours you work each week and by 52 weeks. For a full-time job, that is your rate times 2,080. At $20 an hour, the yearly salary is $41,600 before taxes. Use the free calculator below to turn your hourly rate into… Read More »
A car loan costs more than the price of the car, because you also pay interest. For example, on a $38,400 loan at 6.35% APR for 60 months, the payment is about $749 a month and total interest is about $6,519. Use the free calculator below to see your own payment, total interest and total… Read More »
When calculating a mortgage with taxes and insurance, remember that your real monthly mortgage payment is more than the loan itself. For example. on a $400,000 home with 20% down at a 7.24% rate, principal and interest come to about $2,181 per month. In addition to that, add about $333 for property tax at a… Read More »