NewlywedFinances.comBasic Financial Planning for Newlyweds |
|
|
Applicable Factors Page
|
Table 1
Factor to Determine Monthly Payment Needed to Pay Off Debts
|
4% |
5% |
6% |
7% |
8% |
9% |
10% |
12% |
14% |
16% |
18% |
||
|
1 |
0.0851 |
0.0856 |
0.0861 |
0.0865 |
0.0870 |
0.0875 |
0.0879 |
0.0888 |
0.0898 |
0.0907 |
0.0917 |
|
|
2 |
0.0434 |
0.0439 |
0.0443 |
0.0448 |
0.0452 |
0.0457 |
0.0461 |
0.0471 |
0.0480 |
0.0490 |
0.0499 |
|
|
# |
3 |
0.0295 |
0.0300 |
0.0304 |
0.0309 |
0.0313 |
0.0318 |
0.0323 |
0.0332 |
0.0342 |
0.0352 |
0.0362 |
|
4 |
0.0226 |
0.0230 |
0.0235 |
0.0239 |
0.0244 |
0.0249 |
0.0254 |
0.0263 |
0.0273 |
0.0283 |
0.0294 |
|
|
o |
5 |
0.0184 |
0.0189 |
0.0193 |
0.0198 |
0.0203 |
0.0208 |
0.0212 |
0.0222 |
0.0233 |
0.0243 |
0.0254 |
|
f |
6 |
0.0156 |
0.0161 |
0.0166 |
0.0170 |
0.0175 |
0.0180 |
0.0185 |
0.0196 |
0.0206 |
0.0217 |
0.0228 |
|
7 |
0.0137 |
0.0141 |
0.0146 |
0.0151 |
0.0156 |
0.0161 |
0.0166 |
0.0177 |
0.0187 |
0.0199 |
0.0210 |
|
|
y |
8 |
0.0122 |
0.0127 |
0.0131 |
0.0136 |
0.0141 |
0.0147 |
0.0152 |
0.0163 |
0.0174 |
0.0185 |
0.0197 |
|
e |
9 |
0.0110 |
0.0115 |
0.0120 |
0.0125 |
0.0130 |
0.0135 |
0.0141 |
0.0152 |
0.0163 |
0.0175 |
0.0188 |
|
a |
10 |
0.0101 |
0.0106 |
0.0111 |
0.0116 |
0.0121 |
0.0127 |
0.0132 |
0.0143 |
0.0155 |
0.0168 |
0.0180 |
|
r |
15 |
0.0074 |
0.0079 |
0.0084 |
0.0090 |
0.0096 |
0.0101 |
0.0107 |
0.0120 |
0.0133 |
0.0147 |
0.0161 |
|
s |
20 |
0.0061 |
0.0066 |
0.0072 |
0.0078 |
0.0084 |
0.0090 |
0.0097 |
0.0110 |
0.0124 |
0.0139 |
0.0154 |
|
25 |
0.0053 |
0.0058 |
0.0064 |
0.0071 |
0.0077 |
0.0084 |
0.0091 |
0.0105 |
0.0120 |
0.0136 |
0.0152 |
|
|
30 |
0.0048 |
0.0054 |
0.0060 |
0.0067 |
0.0073 |
0.0080 |
0.0088 |
0.0103 |
0.0118 |
0.0134 |
0.0151 |
Table 2
Factor to Determine Amount to be Saved Monthly to Reach a Savings Goal
|
4% |
5% |
6% |
7% |
8% |
9% |
10% |
12% |
14% |
16% |
18% |
||
|
1 |
0.0818 |
0.0814 |
0.0811 |
0.0807 |
0.0803 |
0.0800 |
0.0796 |
0.0788 |
0.0781 |
0.0774 |
0.0767 |
|
|
2 |
0.0401 |
0.0397 |
0.0393 |
0.0389 |
0.0386 |
0.0382 |
0.0378 |
0.0371 |
0.0363 |
0.0356 |
0.0349 |
|
|
# |
3 |
0.0262 |
0.0258 |
0.0254 |
0.0250 |
0.0247 |
0.0243 |
0.0239 |
0.0232 |
0.0225 |
0.0218 |
0.0212 |
|
4 |
0.0192 |
0.0189 |
0.0185 |
0.0181 |
0.0177 |
0.0174 |
0.0170 |
0.0163 |
0.0157 |
0.0150 |
0.0144 |
|
|
o |
5 |
0.0151 |
0.0147 |
0.0143 |
0.0140 |
0.0136 |
0.0133 |
0.0129 |
0.0122 |
0.0116 |
0.0110 |
0.0104 |
|
f |
6 |
0.0123 |
0.0119 |
0.0116 |
0.0112 |
0.0109 |
0.0105 |
0.0102 |
0.0096 |
0.0089 |
0.0084 |
0.0078 |
|
7 |
0.0103 |
0.0100 |
0.0096 |
0.0093 |
0.0089 |
0.0086 |
0.0083 |
0.0077 |
0.0071 |
0.0065 |
0.0060 |
|
|
y |
8 |
0.0089 |
0.0085 |
0.0081 |
0.0078 |
0.0075 |
0.0072 |
0.0068 |
0.0063 |
0.0057 |
0.0052 |
0.0047 |
|
e |
9 |
0.0077 |
0.0074 |
0.0070 |
0.0067 |
0.0064 |
0.0060 |
0.0057 |
0.0052 |
0.0047 |
0.0042 |
0.0038 |
|
a |
10 |
0.0068 |
0.0064 |
0.0061 |
0.0058 |
0.0055 |
0.0052 |
0.0049 |
0.0043 |
0.0039 |
0.0034 |
0.0030 |
|
r |
15 |
0.0041 |
0.0037 |
0.0034 |
0.0032 |
0.0029 |
0.0026 |
0.0024 |
0.0020 |
0.0017 |
0.0014 |
0.0011 |
|
s |
20 |
0.0027 |
0.0024 |
0.0022 |
0.0019 |
0.0017 |
0.0015 |
0.0013 |
0.0010 |
0.0008 |
0.0006 |
0.0004 |
|
25 |
0.0019 |
0.0017 |
0.0014 |
0.0012 |
0.0011 |
0.0009 |
0.0008 |
0.0005 |
0.0004 |
0.0003 |
0.0002 |
|
|
30 |
0.0014 |
0.0012 |
0.0010 |
0.0008 |
0.0007 |
0.0005 |
0.0004 |
0.0003 |
0.0002 |
0.0001 |
0.0001 |
Simplify This Step By Using Our Calculator
Download our (Microsoft Excel) debt/savings calculator at calculator.xls to calculate how much you'll need to set aside each month to pay off a debt or reach a savings goal.
E-mail us at info@NewlywedFinances.com
copyright 2001-2002-NewlywedFinances.com