If you refinance a loan balance of $65,000 at 4.5% amortized over 30 years, what is your new monthly payment? (The answer will be posted with the new calculator problem … Read more

Instead of buying a new car for $25,000, you invest that money at 15% and decide to keep repairing your old car which costs $1200 a year.  How much money … Read more

You purchase a house for $65,000.  You get a thirty year, fixed rate, 75% LTV mortgage at 4%.  What is the monthly payment? (The answer will be posted with the … Read more

The Dow closed at 12,217.56 on December 30, 2011.  On December 31, 2001, it closed at 10,021.57.  If you had bought a share of the Dow in 2001 and sold … Read more

What is the payment on a $100,000 at 4% amortized over 30 years? (The answer will be posted with the new calculator problem in 2 weeks. Or if you can’t … Read more

How many months would it take for a $60,000 investment to be worth $90,000 if it was invested at 15%? (The answer will be posted with the new calculator problem … Read more

There is a loan of $100,000 at 6% with a payment of $700 a month.  If the loan has a balloon provision at the end of eight years, how much … Read more

You borrowed $80,000 at 6% amortized over 30 years a few years ago and the balance is now $63,000.  If you refinanced with a 30 year loan at 4.25% today, … Read more