Financial Calculators

Elko Federal Credit Union is pleased to offer these tools to help you take control over your finances.

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Home Buyer Savings Calculator

Purchasing a home is one of the most important decisions you'll ever make. The Home Buyer Savings Calculator will help you create a savings plan towards your home purchase down payment. Simply use your purchase price to calculate how much you need to save each month. Fine-tune your plan by adjusting any of the inputs including purchase price and the number of years you wish to save. Estimate how much home you can afford.

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Mortgage Calculator

Use the Mortgage Calculator to determine your monthly payment and generate an estimated amortization schedule. Quickly see how much interest you could pay and your estimated principal balances. Enter prepayment amounts to calculate their impact on your mortgage.

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Home Equity Line of Credit Calculator

Use the Home Equity Line of Credit Calculator to determine the home equity line of credit amount you may qualify to receive. The line of credit is based on a percentage of the value of your home. The more your home is worth, the larger the line of credit. Of course, the final line of credit you receive will take into account any outstanding mortgages you might have. This includes first mortgages, second mortgages and any other debt you have secured by your home.

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How Much Do You Owe Calculator

Use the How Much Do You Owe Calculator to find out how much you owe. This can be used as a good starting point for your debt management plan. Enter all of your credit cards and outstanding installment loan balances. Find out how much you owe and how long it will take to pay it all off.

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Emergency Savings Calculator

Having adequate emergency savings can make unforeseen unemployment, auto repairs, medical emergencies, property damage and even legal issues more manageable. With adequate emergency savings, you can focus on how to best meet your family's needs, rather than worrying about finding the money to handle these difficult situations. The Emergency Savings Calculator helps you determine how much emergency savings you may need, and how you can begin saving toward this important goal.

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Credit Card Pay Off Calculator

Use the Credit Card Pay Off Calculator to see what it will take to pay off your credit card balance, and what you can change to meet your repayment goals.

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Car Loan Calculator

Use the Car Loan Calculator to help you determine your monthly car loan payment or your car purchase price. After you have entered your current information, use the graph options to see how different loan terms or down payments can impact your monthly payment.

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Auto Refinance Interest Savings Calculator

How much interest can you save if you refinance your auto loan? The Auto Refinance Interest Savings Calculator helps you find out! Enter the specifics about your current loan and determine how much interest refinancing can save you. In addition, it will calculate the number of months to break even on closing costs with your reduced monthly payment.

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Recreational Vehicle (RV) Loan Calculator

Use the RV Loan Calculator to help you determine your Recreational Vehicle (RV) loan payment or your RV purchase price. After you have entered your current information, use the graph options to see how different loan terms or down payments can impact your monthly payment.

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College Savings Calculator

Saving for your children's education requires a long-term plan. And, like saving for retirement, the earlier you start your plan the better. Use the College Savings Calculator to help develop or fine-tune your education savings plan.

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