Financial Calculators

We developed the Mortgage Magic System almost 20 years ago. Today, we offer calculators for mortgage acceleration, budget forecasting, personal financial planning, debt reduction, and retirement planning.

Mortgage Accelerator Calculators: With or Without A Heloc

Financial planning that includes mortgage acceleration can increase retirement savings by hundreds of thousands of dollars. A mortgage accelerator reduces the time to pay off the mortgage and also reduces mortgage interest. The obvious benefit for homeowners is the savings in interest cost. Not as obvious, but more important, is the savings in time. The importance can best be illustrated in a chart that applies time-value of money calculations. We offer financial planning calculators that combine mortgage acceleration and retirement planning. Using these calculators, retirement savings increase by hundreds of thousands of dollars. Incredible but true, and the numbers prove it. Our mortgage accelerator calculators combine mortgage acceleration, budgeting, financial planning, debt reduction strategies, and retirement planning into a single comprehensive package. All calculators are developed using Microsoft Excel.

Budget Forecast Calculator

Our budget forecast calculator helps clients reach their financial goals.  Budgets that don’t project a forecast are nearly useless. A budget forecast projects current spending 5 years into the future, allowing you to plan for tomorrow today. Budget forecasts take into account income, expenses, and debts. Expenses are projected as recurring monthly cashflows or one-time. Similarly, entries are made for income streams on a recurring or one-time basis. The budget forecast calculator incorporates a debt reduction strategy for controlling and reducing interest costs. In addition, our budget forecast calculator allows users to adjust for inflation. 

Financial Planning Calculators

Our financial planning calculators go above and beyond the run-of-the-mill variety that are nearly everywhere on the internet. Ours are similar in scope to those used by high-priced financial planning firms that charge their clients thousands of dollars.

Financial planning goals vary from one person or family to another, yet most have a common objective: to achieve financial independence, have a defined amount of money to achieve a specific purpose, and to maximize retirement savings.

We are cashflow experts. Our financial calculators analyze cashflow from all sources and using time value of money algorithms to achieve these outcomes. Our financial planning calculators include functionality for budgeting, saving, interest cost reduction, debt reduction, retirement planning, and mortgage acceleration.

Cashflow is calculated and reported month-by-month for a 30 year timeframe. Users can modify their plans to achieve the results that align with their financial goals. An important consideration for designing a financial planning system is to update the inputs on a regular basis. Our financial planning calculators are specifically designed with this in mind, so as to make it as easy as possible for users to maintain their financial plan and reach their stated goals.