Calculating Interests Costs and More

Thrifty Homeschooler member Kathy Jo sends the following tip:

Have you ever heard of the website www.bankrate.com? It is a great site to get all kinds of financial information. I found the calculators section to be very helpful. This section offers topics like "how much home can you afford?," "renting vs. buying," "auto payment calculator," "pay-down debt advisor," "calculate the real cost of your debt," and many more. I really like the credit card calculator: just enter the balance of the credit card, interest rate, and monthly payment, and see exactly how long it will take to pay that card off.

Hope this helps for the "Keeping it Frugal in 2007"!