This calculator has been provided to help you determine the financial impact of borrowing to purchase items that lose value. Examples of items that lose value are cars, and home appliances. This calculator is provided by ISoftware, an investment software developer. Please read the DISCLAIMER at the bottom of this page. Save Not Spend - Calculate the advantages of saving instead of spending Enter or select the appropriate values below (between the green lines), then click the Calculate button.
    % per annum % per annum % Tax Rate Investment Interest Rate Total Interest paid on the amount borrowed Total Investment Value if you had invested the money instead of buying the item TOTAL LOST Purchase Date or entered Estimated value of the item at the loan end date, can be calculated Purchase Price Spend Save (or Invest) $   $ $ therefore the cash used is The amount borrowed (loan value) Loan End Date Loan Interest Rate Note: The interest payments on loans and returns received from investments will more than likely differ slightly from those shown here, because the purpose of this calculator is to keep the inputs or selections to a minimum and use a common calculation method which may differ from the providers. For a more flexible and comprehensive debt calculator, which allows changing interest rates, lump sum payments, alternative depreciation calculations, alternative mortgage calculation methods, and many more tools which will allow you to take control of your investment decisions, download the FREE trial of InvestmentPlan software from the ISoftware web site (www.isoftware.co.nz) DISCLAIMER: ISoftware is in no way responsible for any actions taken or decisions made as a result of calculations made with this calculator. Your final decision should be based on the information provided by the providers of the loan you are using to purchase the item, and the providers you may use to save or invest. Neither ISoftware nor any of its employees make any express or implied representations or warranties regarding the calculations and facilities contained or referred to in this page or site, nor do we accept any liability for any loss or damage whatsoever which may arise in any way out of the use of any of the calculations or facilities; for errors in or omissions from the calculations or facilities. By using this web page, you agree to this.