This spreadsheet is created to help you manage your credit card payment. It will show you number of months you need to pay off your credit card with minimum payment, or it will show you amount of payment needed each month if you plan to pay off your credit card within your month period plan.
This spreadsheet will show you whether refinancing your mortgage will save you money. The right refinancing package can save you thousands of dollars in interest. As much money as refinancing can save you, though, there’s an even faster way to pay off your mortgage, while adding massive equity to your home.
Many experts recommend checking out the option of refinancing if interest rates are at least 1% less than what you’re currently paying. Of course, it depends on the remaining term of your current mortgage, as well as the remaining principal of your current mortgage. And this is the purpose of this spreadsheet being made, to ease your refinancing calculation.
Your buyer may have the down payment, but are their financials strong enough to keep up with your Seller Financed mortgage? With this spreadsheet, you’ll be able to easily calculate their debt load before you hand them the keys. After inputting the borrower and co-borrower’s gross income, payroll deductions and monthly expenses, you’ll be able to instantly determine if their debt-to-income ratio falls within standard guidelines.
Budgeting is an estimate of the probable amount of money that you will be spending on various items, each of which belongs to a separate category. Moving on according to a planned budget helps you to save while you pay off debts and invest your money for other purposes.
Using the MF Home Budgeting Tool, you can keep a track of your quarterly and yearly expenses with respect to your monthly planned budget. By comparative analysis of your expenses and budget, you can maintain a balanced financial situation which allows you to save while you make investments or pay down your debts.