PathWise

Compound Growth

Starting balance + monthly contribution + time. Assumes monthly compounding.

Starting balance ($) What you already have Monthly contribution ($) Added each month Annual interest rate (%) Example: 7 means 7%/year Interest rate variance range (%) Calculates +/- this range Time Unit Compounding How often interest is added to your balance Timing "Start" earns interest on this month's deposit immediately.

Calculator automatically updates with every variable change.

Final balance$0

Total contributed$0

Total interest gained$0

Duration0

Avg interest / month$0

How this is calculated

This uses the compound interest formula with monthly contributions. Each month, we calculate interest on the current balance, add it, and then add your monthly contribution.

Formula: A = P(1 + r/n)^(nt) + PMT × [((1 + r/n)^(nt) - 1) / (r/n)]

Example: $1,000 at 12% for 1 month: $10 interest. Balance becomes $1,010. If you add $100, final is $1,110.

Disclaimer: This calculator is for informational purposes only. Results are hypothetical estimates based on your inputs and do not guarantee future performance. Not financial advice.

Debt Payoff

Balance + APR + monthly payment. Shows payoff time + total interest.

Current balance ($) Amount you owe right now APR (%) Annual percentage rate Monthly payment ($) What you pay each month Extra payment ($) (optional) Extra on top of the payment

Calculator automatically updates with every variable change.

Payoff time—

Total paid$0

Total interest$0

Status—

How this is calculated

We simulate the loan month-by-month. Interest is calculated on the remaining balance each month, then your payment is applied to the interest first, then the principal.

Assumptions: Interest is calculated monthly based on the annual APR.

Example: $5,000 balance at 24% APR = 2% per month. First month interest is $100. If you pay $150, balance drops by $50.

Disclaimer: Loan payoff simulations are estimates. Actual interest accrual and terms may vary by lender. Not financial advice.

Credit Health & Factors

Analyze the key factors that determine your credit score and see where you can improve.

Total balance owed ($) Sum of all credit card balances Total credit limit ($) Sum of all credit limits Age of oldest account (years) Length of credit history Hard checks (last 12 months) Hard inquiries / new applications Late payments? Past-due history Total accounts Credit mix & diversity

Calculator automatically updates with every variable change.

Utilization0%

Health Grade—

Top AdviceEnter data to see

How this tool estimates impact

While exact credit scores are secret (FICO/Vantage), we use the weighted industry averages to estimate your credit health.

High Impact Payment History (35%): Missing even one payment can drop a score by 50-100 points.

High Impact Amounts Owed (30%): Includes utilization. Keep balances under 10% for the best scores.

Medium Impact Length of History (15%): Older accounts are better. Don't close your oldest card!

Low Impact Credit Mix (10%): A mix of cards, car loans, or mortgages proves you can handle different debt.

Low Impact New Credit (10%): Hard checks stay for 12-24 months. Applying for many cards at once is a red flag.

Disclaimer: Credit health scores are estimates based on weighted industry averages. This is not an official credit determinant. Actual scores (FICO/Vantage) are determined by credit bureaus. Not financial advice.

Loan Payment

Standard installment loan calculator for cars, personal loans, or houses.

Loan amount ($) APR (%) Term Unit

Calculator automatically updates with every variable change.

Monthly Payment$0

Total Interest$0

Total Cost$0

How this is calculated

Uses the standard amortization formula to find a fixed monthly payment that results in a $0 balance at the end of the term.

Formula: PMT = [P × r(1+r)^n] / [(1+r)^n - 1]

Tip: Payments are "interest-heavy" early on because interest is charged on the initial large principal.

Disclaimer: Amortization schedules are estimates. Actual monthly payments may include taxes, insurance, or other fees not calculated here. Not financial advice.

Savings Goal

Find out how much you need to save each month to reach your goal.

Savings Goal ($) Initial Investment ($) Years to Grow Estimated Interest Rate (%) Compound Frequency Contribution Timing

Calculator automatically updates with every variable change.

Total Contributions$0

Interest Earned$0

Inflation

See how the purchasing power of your money changes over time.

Current amount ($) Avg inflation rate (%) Time Unit

Calculator automatically updates with every variable change.

Future Cost$0

Today's Value$0

Total Purchasing Power Loss0%

How this is calculated

Inflation compoundly increases prices. "Future Cost" is what you'd need then to buy what $X buys today. "Today's Value" is what your $X today will effectively buy then.

Formula: FV = PV × (1 + r)^n

Example: At 3% inflation, $100 today buys what $103 will buy in one year.

Disclaimer: Inflation calculations are based on the historical concept of purchasing power. Actual future inflation rates are unpredictable. Not financial advice.

Salary Taxes

Tax breakdown for 2022. Supports multi-state and combined income trajectories.

Financial Insights & Details

State Income Tax Types:

Flat Tax: States like Illinois (4.95%) charge the same rate for everyone.
Progressive Tax: States like New York and California use brackets where high earners pay higher percentages on their top dollars.
No Income Tax: Florida, Texas, Washington, and others don't tax your wages at the state level.

Payroll Programs:

NY FLI & SDI: New York requires Paid Family Leave and Disability Insurance contributions.

CA SDI: California State Disability Insurance is a mandatory deduction for most workers.

Residency & Credits: If you work in one state but live in another, you may owe taxes to both. Most states offer a "resident credit" to prevent double taxation, though this tool assumes you are taxed based on the state where you work.

Local Taxes: Cities like NYC or Philadelphia charge additional local income taxes which are not modeled in this simple tool.

Disclaimer: These results are educated estimates based on the fact that it's off a specific year's tax rules (2022). The goal is to give a close enough guess, because the nuances of each state's taxes are so complicated that there might be some things the calculator doesn't account for. This is not legal or tax advice.

PathWise

Compound Growth

Debt Payoff

Credit Health & Factors

Loan Payment

Savings Goal

The Results Are In

Inflation

Salary Taxes

Income Comparison

The Taxberg (Combined)