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Input Fields:
Title		A title for these calculator results that will help you identify it if you have printed out several versions of the calculator.
Creditors		The name of the loan's lender or credit card issuer.
Payment Amounts		Your required monthly payment for this loan. Leave it blank for credit cards unless you want to pay this amount each month regardless of what the minimum payment would be for this card.
Balances		Your current outstanding balance on this loan or credit card.
Interest Rates		The current annual interest rate you are paying on this loan or credit card. For credit cards, you may actually have different interest rates for different balance amounts. This could happen if part of your balance came from a cash advance (many credit cards charge a higher interest rate and no grace period for cash advances), or if you made some purchases during a lower percentage promotion period, or maybe you transferred the balance from another credit card for a special low interest rate promotion.
Minimum Payment Percents		For credit cards only - The minimum percentage (usually 2%-3%) of your outstanding balance the credit card issuer expects you pay each month. They usually calculate this for you and it shows up as the 'Amount Due' on your statement each month.
Minimum Principal Percents		For credit cards only - The minimum percentage (usually 1%) of principal federal guidelines require you to pay each month. Your actual payment will be either just the 'Minimum Payment Percent' or the 'Minimum Principal Percent' plus interest and fees, whichever is greater. Enter 0 if your credit card is issued by a credit union or other issuer that is exempt from the 2006 federal guidelines.
Minimum Interest Amounts		For credit cards only - If your credit card has a balance and you're paying interest, there is probably a minimum amount of interest (usually $0.50 or $1.00) that will be charged for the month.
Minimum Payment Amounts		For credit cards only - The minimum amount (maybe $5.00) the credit card issuer expects you to pay each month, regardless of what the 'Minimum Percent Payment' calculates as. In other words, if the 'Minimum Percent Payment' (3%) calculation says you're obligated to pay $3.75 this month, your 'Amount Due' will actually be this amount ($5.00).
Borrow Additional		Any additional amount (over 'Balance Total') you plan to borrow with this consolidation loan.
Interest Rate		The annual percentage rate you will pay for this loan.
Length of Loan		How long you will pay on this loan. Also choose whether 'Length of Loan' is years or months.
Additional Principal		The additional amount you will pay each month (over the required 'Monthly Payment' amount) to pay down the principal on your loan.
Output Fields:
Balance Total		Add down the 'Balance' column.
Consolidation Loan Amount		The amount you plan to borrow.
Monthly Payment		Principal + Interest + Additional Principal (where applicable) to be paid each month.
Total Interest		Total amount of interest you will pay over 'Length of Loan'.
Total Paid		Total amount of principal + interest you will pay over 'Length of Loan'.
Payoff Time		Amount of time until the loan is paid off.
Number of Payments		The number of payments you will make to pay off the loan.
Annual Cost		The amount of money you will pay each year for this loan.
Buttons and Checkboxes:
Show Amortization		When checked, a section will appear below the calculator showing the complete amortization table.
Help		Brings up this Help window.
Clear		Clear (Use your browser's 'Refresh' or 'Reset' to restore default values.)
Printer Friendly		Print Ready Format
Show Formulas		Show Calculation Formulas
Show Additional Fields		Show Additional Fields
Hide Additional Fields		Hide Additional Fields
All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Debt calculators are intended only to provide comparisons that may assist you with making decisions regarding how to handle your debt. All debt obligations need to paid each month by their individual due dates. Check all statements from creditors carefully to make sure you pay at least the minimum stated on each. If you have serious debt problems, please seek the advice of a qualified professional who is fully aware of your individual circumstances.
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