CreditFederal.com; a good or bad credit personal finance resource, announces multiple, free financial calculators are available via online download.
Free Personal Finance Software! Create your household personal budget to easily itemize and track expenses so you know where you spend your money most. Desktop software makes it easy to balance checkbook entries, or use the software as an electronic checkbook register.
The 3 calculators are downloaded separately so consumers can choose only the calculators they desire.
- 1) Personal Finance Center: This powerful; yet simple to use, calculator helps consumers track expenses and functions like a checkbook register. Users type in their expenses (as well as income) and assign it to a category such as "Credit Card Payment". The software calculates how much money is spent for each specific expense category. An estimated credit grade is also calculated based upon expenses and the assigned categories, as well as debt-to-income ratio. Another feature of the software are the credit improvement tips. The software examines expenses and provides tips accordingly. There's also a section for inputting bill payment reminders.
- 2) Credit Card and Loan Calculators: The 2nd download offers these four calculators:
*Credit Card Interest and Payment Calculator: This calculates total interest paid, as well as how long it will take to payoff the balance based upon the amount of money repaid per month and the interest rate.
* Auto Loan Calculator: This also calculates total interest as well as monthly payments.
* New Mortgage Loan Calculator - This calculates monthly mortgage payments as well as total interest charges.
* Mortgage Refinancing Calculator - This calculates the new monthly mortgage payment based upon the refinance interest rate. It is very useful for people considering a mortgage refinance to not only determine the new monthly payment, but also to see if they will save more money.
- 3) Budget and Savings Calculator - This simple to use calculator helps consumers see how much of their income is spent to pay bills. It also has a savings calculator to see how much interest can be earned with a savings account.
Free calculator downloads
About Credit Federal's Calculators: These free financial calculators were developed by CreditFederal.com to assist U.S. credit consumers, and do not require registration. They are void of AdWare and SpyWare, and do not require entering any sensitive information such as bank account or credit card numbers. All calculators function on Windows computers and can be saved/launched directly from the Desktop by double-clicking on the icons. Via the CreditFederal.com website, consumers can obtain more information; as well as useage instructions on how to use the calculators.