MOAA's financial calculators provide dynamic graphics, customizable reports, and explanations of key terms and concepts. We hope you will find these new financial tools useful! If you have any comments or questions about the financial calculators, contact us at msc@moaa.org.
Military-to-Civilian Financial Calculators | Retirement Savings and Planning | Mortgage Calculators | Loan Calculators | Credit Cards and Debt Management | Auto Calculators | Investment Calculators | Tax Calculators | Savings Calculators | Personal Finance | Insurance Calculators
Military-to-Civilian Financial Calculators (Member Only) |
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Civilian Pay to Equal Military Take Home Pay (Member Only) Not a member? Join now for access to this unique calculator. |
Exclusive Member-Only Benefit Use this calculator if you are retiring or leaving the service to help you determine how much civilian pay would be required to match your existing military take home pay. |
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Retirement Savings and Planning |
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| 401(k) Calculator | A 401(k) can be one of your best tools for creating a secure retirement. It provides you with two important advantages. | ||
| 401(k) Spend It or Save It Calculator | There are several ways to manage your 401(k) balance when you leave an employer. The most fundamental question is should you spend it or save it? | ||
| 403(b) Savings Calculator | 403(b) plans are only available for employees of certain non-profit tax-exempt organizations: 501c(3) corporations, including colleges, universities, schools, hospitals, etc. | ||
| 72(t) Calculator | The Internal Revenue Code section 72(t) and 72(q) can allow for penalty-free early withdrawals from retirement accounts under certain circumstances. | ||
| Beneficiary Required Minimum Distributions | When you are the beneficiary of a retirement plan, specific IRS rules regulate the minimum withdrawals you must take. | ||
| Company Stock Distribution Analysis Calculator | If you own company stock in a retirement plan, you may be able to take advantage of the long-term capital gains tax rate rather than your ordinary income tax rate on this investment. Normally, all earnings withdrawn from a retirement plan are taxed as ordinary income, at ordinary income tax rates. | ||
| How Important is Social Security? | How will losing your Social Security benefits affect your retirement? Use this calculator to determine how losing this important retirement asset could affect you. | ||
| Required Minimum Distribution (RMD) | Updated to include SECURE 2.0 changes | ||
| Retirement Pension Planner Calculator | Do you know what it takes to work towards a secure retirement? Use this calculator to help you create your retirement plan. | ||
| Retirement Planner Calculator | Do you know what it takes to work towards a secure retirement? Use this calculator to help you create your retirement plan. | ||
| RMD & Stretch IRA Calculator | The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution (RMD) - from your retirement accounts annually; starting the year you turn age 70-1/2. | ||
| Roth 401(k) Conversion Calculator | With the passage of the 'American Tax Relief Act', any 401(k) plan that allows for Roth contributions will now be eligible to convert existing pre-tax 401(k) balances to an after-tax Roth 401(k). | ||
| Roth 401(k) vs. Traditional 401(k) Calculator | A 401(k) contribution can be an effective retirement tool. As of January 2006, there is a new type of 401(k): the Roth 401(k). | ||
| Roth IRA Calculator | Creating a Roth IRA can make a big difference in your retirement savings. There is no tax deduction for contributions made to a Roth IRA; however, all future earnings are sheltered from taxes under current tax laws. | ||
| Roth IRA Conversion Calculator | In 1997, the Roth IRA was introduced. This new IRA allowed for contributions to be made on an after-tax basis and all gains (or growth) to be distributed completely tax-free. | ||
| Roth IRA Conversion with Distributions Calculator | In 1997, the Roth IRA was introduced. This new type of IRA allowed for all gains (or growth) to be distributed completely tax-free, provided certain requirements are met. | ||
| Roth IRA vs. Traditional IRA Calculator | Use this calculator to determine which IRA may be right for you. | ||
| Social Security Benefit Calculator | Do you wonder how much you might receive in Social Security during retirement? Use this calculator to help you estimate your Social Security benefits. | ||
| Traditional IRA Calculator | Contributing to a traditional IRA can create a current tax deduction, plus it provides for tax-deferred growth. | ||
Mortgage Calculators |
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| 15 vs. 30 Year Mortgage | Determining which mortgage term is right for you can be a challenge. With a shorter year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. | ||
| APR Calculator for Adjustable Rate Mortgages | Use this calculator to determine the Annual Percentage Rate (APR) of your Adjustable Rate Mortgage (ARM). Knowing your APR can help you compare different ARMs with different fees and terms. | ||
| ARM & Interest Only ARM vs. Fixed Rate Mortgage | Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM. A fixed rate mortgage has the same payment for the entire term of the loan. An adjustable rate mortgage (ARM) has a rate that can change, causing your monthly payment to increase or decrease | ||
| Blended Rate Mortgage Calculator | The high price of homes has many buyers trying to get 100% or near 100% financing. One option is to acquire two mortgages. This calculator helps you determine the effective, or blended, interest rate you would pay if you use a first and a second mortgage to finance the purchase of your home. | ||
| Fixed Rate Mortgage vs. Interest Only Mortgage | A fixed rate mortgage has the same payment for the entire term of the loan. Use this calculator to compare a fixed rate mortgage to Interest Only Mortgage. | ||
| Fixed Rate Mortgage vs. LIBOR ARM | A fixed rate mortgage has the same payment for the entire term of the loan. An adjustable rate mortgage (ARM) has a rate that can change, causing your monthly payment to increase or decrease. | ||
| Home Rent vs. Buy Calculator | Are you better off buying your home, or should you continue to rent? | ||
| Interest Only Mortgage Calculator | Use this calculator to generate an amortization schedule for an interest only mortgage. | ||
| Mortgage Calculator | Use this calculator to generate an estimated amortization schedule for your current mortgage. Quickly see how much interest you could pay and your estimated principal balances. You can even determine the impact of any principal prepayments! Press the "Report" button for a full yearly or monthly amortization schedule. | ||
| Mortgage Calculator with Taxes and Insurance | Use this calculator to determine your monthly mortgage principal, interest, taxes and insurance payment (PITI) and amortization schedule. | ||
| Mortgage Qualifier Calculator | Can you buy your dream home? Find out just how much you can afford! | ||
| Mortgage Refinance Calculator | Should you refinance your mortgage? Use this calculator to determine when you will breakeven! | ||
Loan Calculators |
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| Alternative Payment Frequencies | Use this calculator to determine your payment or loan amount for different payment frequencies. You can make payments weekly, biweekly, semimonthly, monthly, bimonthly, quarterly, semiannually, or annually. | ||
| Amortizing Loan Calculator | Enter your desired payment - and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made, and total interest paid. Press the report button to see a monthly payment schedule. | ||
| Debt Consolidation Calculator | Should you consolidate your debt? This calculator is designed to help determine if debt consolidation is right for you. Fill in your loan amounts, credit card balances, and other outstanding debt. You can then see what your monthly payment would be with a consolidated loan. | ||
| Enhanced Loan Calculator | Use this calculator to look at a variety of possible loans. Change your monthly payment, loan amount, interest rate, or term. Press the "View Report" button to see a complete amortization schedule, either by month or by year. | ||
| Existing Loan Calculator | Use this calculator to analyze one of your existing loans. Calculate your remaining balance based on the number of monthly payments you have remaining. You can then click on the "View Report" button for a complete, payment by payment, amortization schedule of your loan. | ||
| Loan & Credit Line Tax Savings | This calculator helps determine your tax savings on loans or credit lines with tax-deductible interest payments. For a loan payment, select fixed-term loan. For a line payment, you can choose 2%, 1.5%, or 1.0% of the outstanding balance or interest only. | ||
| Loan Comparison Calculator | Determining which loan provides you with the best value involves more than simply comparing monthly payments. Use this calculator to sort through the monthly payments, fees, and other costs associated with getting a new loan. | ||
| Loan Prequalification Calculator | Use this calculator as your first step in determining your ability to qualify for a loan. While this calculator can't guarantee you will qualify for your new loan, it is a good checkpoint to see if it is within your means. | ||
Credit Cards and Debt Management |
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| Accelerated Debt Payoff Calculator | This calculator helps you determine what you need to do to accelerate paying off your debt. | ||
| Credit Card Pay Off Calculator | This calculator shows you what you need to do to pay off your credit card balance. | ||
| How much do you owe calculator | This calculator totals all of your debt and helps you figure out how long it is going to take you to pay it all back. | ||
| Personal Debt Consolidation Calculator | This calculator helps you determine if debt consolidation will save you money. | ||
| Roll-Down Your Credit Card Debt Calculator! | This calculator helps you pay off your credit card debt by determining the order of pay-off for each card. | ||
Auto Calculators |
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| Auto Rebate vs. Low Interest Financing Calculator | Use this calculator to help you compare financing between an auto rebate and low-interest dealer financing. A dealer rebate, usually not available when you choose low-interest dealer financing can produce a lower initial loan balance, and in many cases, a lower monthly payment. | ||
| Car Loan Calculator | Use this 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. | ||
| Dealer Financing vs. Credit Union Financing Calculator | Use this calculator to help you compare financing between your credit union and low-interest dealer financing. A dealer rebate, usually not available when you choose low-interest dealer financing, combined with credit union financing, can produce a lower initial loan balance, and in many cases, a lower monthly payment. | ||
| Home Equity Loan vs. Auto loan Calculator | Home equity loans generally have lower interest rates than auto loans, and the interest may be tax deductible - two good reasons to take a look at home equity loans to finance your automobile purchase. | ||
| Lease vs. Buy Calculator | Should you lease or buy your car? Use this calculator to find out! We calculate your monthly payments and your total net cost. | ||
| Low Interest Financing Savings Calculator | Low, promotional interest rates can save you a great deal of money when you finance your car or truck. Not only are your monthly payments lower, but your total interest payments can be significantly less. | ||
Investment Calculators |
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| Asset Allocation Calculator | This calculator helps you create a balanced portfolio of investments. | ||
| Investment Returns | Meeting your long-term investment goal is dependent on a number of factors. This not only includes your investment capital and rate of return, but inflation, taxes and your time horizon. | ||
| Municipal Bond Tax Equivalent Yield | This calculator will estimate the tax-equivalent yield (TEY) for a municipal bond. Income generated from municipal bond coupon payments are not subject to federal income tax. | ||
| Mutual Fund Expense Calculator | This calculator can help you analyze the costs associated with buying shares in a mutual fund. | ||
| Stock Option Calculator | Receiving options for your company's stock can be an incredible benefit. Even after a few years of moderate growth, stock options can produce a handsome return. | ||
Tax Calculators |
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| 1040 Tax Calculator | How much in income taxes will you pay? Military members and Veterans: use this 1040 tax calculator to help determine your tax bill for next April. | ||
| Estate Tax Planning Calculator | Knowing your estate tax liability is a great place to start your estate tax plan. Military members and veterans: use this calculator to estimate your estate tax liability. | ||
| Flexible Spending Account (FSA) Calculator | Military members and Veterans use this calculator to see how participating in your employer's Flexible Savings Account can help you pay less tax, and increase your net take-home pay. | ||
| Marginal Tax Rate Calculator | Military members and Veterans: use this calculator to determine your marginal and effective tax rates. This calculator sorts through the tax brackets and filing options for military members and Veterans to calculate their true tax liability. | ||
| Self-Employment Tax Calculator | If you are a self-employed Veteran or military spouse, use this calculator to determine your self-employment taxes. | ||
| U.S. 1040EZ Tax Form Calculator | Many military members and Veterans can use the 1040EZ tax form instead of the more complicated 1040 to calculate their taxes. Containing only seven required inputs, the 1040EZ is one of the quickest forms for military members and Veterans to calculate your tax bill. | ||
Savings Calculators |
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| Benefit of Spending Less Calculator | Reducing your spending can be worth more than you might think. Use this calculator to see just how much your budget reductions may be worth if you were to invest them. | ||
| CD Ladder Calculator | Use this calculator to examine the benefits of investing in a series of Certificates of Deposit with different maturities, also called a CD Ladder. | ||
| Certificate of Deposit Calculator | Use this calculator to find out how much interest you can earn on a Certificate of Deposit (CD). Just enter a few pieces of information, and we will calculate your annual percentage yield (APY) and ending balance. | ||
| College Savings Calculator | Saving for your children's education requires a long-term plan. Like saving for retirement, the earlier you start your plan, the better. | ||
| Don't Delay Your Savings! | Waiting to begin your savings plan can have a huge impact on your results. A delay of even a few years could cost you thousands of dollars. | ||
| Emergency Savings Calculator | Having adequate emergency savings can make unforeseen unemployment, auto repairs, medical emergencies, property damage, and even legal issues more manageable. | ||
| Savings Goal Calculator | What will it take to help reach your savings goals? This financial calculator helps you find out. Enter your savings plan and view your financial results in a graph. | ||
Personal Finance |
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| Basic Financial Calculator | This works just like a pocket financial calculator. In addition to arithmetic it can also calculate present value, future value, payments or number or periods. | ||
| Home Budget Analysis | This calculator helps you balance your home budget by entering your income and monthly expenditures. You can see how much you have left to save and where your money is being spent | ||
| Life Expectancy | This calculator can give you an idea of your life expectancy based on your current age, smoking habits, gender and several other important lifestyle choices. | ||
| Net Worth | Net worth is what you own minus what you owe. This calculator helps you determine your net worth and estimates how it could grow (or shrink) over the next ten years. | ||
| Student Budget | Use this calculator to help analyze your budget as a full-time student for an eight-month school year running from September through April. | ||
Insurance Calculators |
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| Disability Insurance | Use this calculator to determine how much disability insurance you may need to cover expenses if you are unable to work due to illness or injury. | ||
| Fixed Annuity Calculator | A fixed annuity can provide a secure, tax-deferred investment. Use this calculator to see how a fixed annuity might fit into your retirement plan. | ||
| Immediate Annuity Calculator | Estimate what your monthly payments might be from an immediate annuity. | ||
| Life Insurance Calculator | Find out how much life insurance you really need! | ||
| Long Term Care Calculator | Long term care is needed by those who can't perform the basic tasks required to take care of themselves. This calculator can help you determine if you are financially prepared for this impending expense. | ||