Consider the following example: You’re planning to pay $1200 every month for your $200,000 loan at a 6% APR for the next 30 years. You earn $4000 a month, and you’re in the 25% tax bracket. For the next 30 years, you save $300 in tax every month on your $4000 income.The ...
School Yearcolumns are for convenience in identifying when the child will be in what grade level. The calculator makes the assumption that the child enters kindergarten at age 5. Change (or fudge) this age as needed, because the School Year column is what you are mainly using for entering ...