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Debt calculators are only an estimate but they are fairly accurate. They are meant to give you an idea of your debt and income ratio and what you can or cannot afford.
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∙ 11y ago
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How accurate are calculators?
Electronic calculators are usually accurate to about 10 significant figures.
Where can one find an online debt calculator?
Online debt calculators can be found from many different websites. Some examples of online debt calculators include BankRate and You Can Deal With It.
can I use a debt ratio calculator to see how much debt I am in ?
Not exactly, debt ratio calculators calculate your debt as a ratio to your income. You should try an outlet like www.money-zine.com/Calculators/ to find the right calculator for you.
How accurate are income tax return calculators?
Income tax return calculators are generally very accurate. It is essential to find one that is trusted.
Are mortgage payoff calculators accurate?
Mortgage payoff calculators are accurate, however they are only accurate if your morgagte doesn't change in the future. For example, if you change your rate and refinance, a prior calculation might not be accurate.
Do I need to use a debt calculator to see if I can buy a house ?
No, you do not need a debt calculator to see if you can buy a house. Debt calculators do not exist. However, if you're referring to interest calculators, they exist online.
How accurate are annuity calculators in Canada?
They will be as accurate as annuity calculators in other countries, all of them exclude liability of accuracy so it is best to get a real calculation.
How accurate are online mortgage rates calculators?
There are many mortgage rate calculators online and most of them are pretty accurate. That said, the best way to get the most accurate figure available is to use multiple mortgage rate calculators and then use their results to figure out the average rate.
What are 10 things that are accurate?
Rulers, calculators, etc.
How accurate is the Bankrate calculator?
Most Bankrate calculators are quite accurate but provide only some of the more basic functions. Many of these calculators do not give a 'refinance' option.
Are reverse mortgage calculators accurate?
In this day and age I would have to say yes, reverse mortgage calculators are accurate. Technology has come a long way. Where calculators use to take up an entire room,now they fit in your hand.
What are the best debt ratio calculators?
You can research on the net but here is one site that lists http://www.bankrate.com/calculators/business/debt-ratio.aspx You can also find more that will give you more information.
