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Calculators

You’re thinking of purchasing a home, but you want to know how long it will take to pay off and what your monthly payments will be. If only there was an easy way to find that information quickly. With our financial calculators you can see your mortgage payment schedule and a whole lot more!

Putnam Bank’s financial calculators allow you to see what you’ll need to have saved for retirement, calculate your credit card payoff time, what you need to save each month to reach your savings goal and more. Using the financial calculators gives you a better idea of your finances, which in turn allows you to make better decisions.

Investment

Forecasting how an investment is never a sure thing. This calculator can help you plan for multiple scenarios using conservative and aggressive numbers for the factors that affect your investment.

Retirement

No one wants to outlive their money in retirement. This calculator can help you find out how much you’ll need to have saved so you can live your retirement the way you want.

Loan

Whether you have a monthly payment in mind or want to know what your monthly payment will be for a set loan amount, our Loan Calculator can help you figure out both!

Education Planning

Your child’s education is important, and saving for it now can help in the long run. This calculator can give you a better idea what you need to save for one or multiple children.

Mortgage

Purchasing a home is a major life decision, meaning knowing how quickly you’ll be able to pay down your mortgage is vital information. This calculator takes your mortgage amount, rate and term into account, along with any prepayments to generate an amortization schedule.

Rent or Buy

Should you rent or buy? This calculator can give you a better view of the financial pros and cons of each.

Early Mortgage Payoff

Looking to pay your mortgage off early? This calculator takes your original mortgage information into account, and then factors in any additional payments to show you how much interest you’ll save and how much more quickly you’ll pay off your mortgage.

Credit Card Payoff

Use this calculator to help you get back on track if you’ve fallen into debt from overusing your credit cards. It will give you an idea of what your monthly payment will be and how much time it will take you to pay off your credit card debt.

College Savings

Get a more accurate look at what it will take to pay for your child’s college education with this calculator. It factors in the current tuition cost, expected interest rate and inflation, and length of time you have to save money to give you a number to shoot for.

Monthly Savings

Do you have something you’re saving for? This calculator tells you how much you need to save a month to reach your goal using what you already have saved, your interest rate and the amount of time you want to reach your goal in.

Car Affordability

If you need some new wheels, this calculator will help you see what it will take to get into a new vehicle.

Retirement Longevity

Afraid of outliving your money in retirement? This calculator gives you a look at how long your money will last based on what you’ve saved, regular withdrawals and your rate of return.

Future Value

This calculator is not a crystal ball, but it will give you a better idea of what an investment you make today will be worth in the future.

Loan Affordability

“How much loan can I afford?” This calculator helps answer that question using a monthly payment amount, the number of payments you’ll make and the interest rate of the loan.

Mortgage Qualification

Knowing how large of a mortgage you are eligible for increases your buying power when you’re shopping for a new home. This calculator uses a number of factors to show you what size of mortgage you are eligible for.

Loan Consolidation

Tired of making multiple loan payments every month and are looking to consolidate your debt? See if consolidating your debt is an advantage or disadvantage with this calculator.