Tools | NEA Member Benefits


Money Tools

  • Home Equity and Line of Credit
  • Home Financing and Refinancing
  • Insurance
  • Retirement Planning
  • Autos

Home Equity and Line of Credit


  • How much will my loan payments be?

    Calculate monthly payments for an amortizing loan and interest-only payments on a line of credit. Read more
    How much will my loan payments be? Calculate monthly payments for an amortizing loan and interest-only payments on a line of credit. Read
  • What will it take to pay off my line of credit?

    Calculate the number and amount of payments necessary to repay a home equity line of credit. Read more
    What will it take to pay off my line of credit? Calculate the number and amount of payments necessary to repay a home equity line of credit. Read
  • What will my tax savings be?

    Calculate the mortgage interest tax savings on a home equity loan and line of credit. Read more
    What will my tax savings be? Calculate the mortgage interest tax savings on a home equity loan and line of credit. Read
  • Should I consolidate debt?

    Calculate the monthly payment, savings in interest expense and any tax-related savings, and total cost savings, based on the desired number of months for repayment. Read more
    Should I consolidate debt? Calculate the monthly payment, savings in interest expense and any tax-related savings, and total cost savings, based on the desired number of months for repayment. Read
  • How large a line of credit can I obtain?

    Calculate the maximum home equity line of credit you can obtain by finding the maximum combined loan-to-value ratio your lender will consider. Read more
    How large a line of credit can I obtain? Calculate the maximum home equity line of credit you can obtain by finding the maximum combined loan-to-value ratio your lender will consider. Read

Home Financing and Refinancing


  • What home can I afford?

    Calculate the size of a mortgage loan you may be able to afford for a given down payment and total monthly loan payment. Read more
    What home can I afford? Calculate the size of a mortgage loan you may be able to afford for a given down payment and total monthly loan payment. Read
  • How advantageous are extra payments?

    Calculate the savings in mortgage interest you realize by making prepayments for a given set of loan terms. Read more
    How advantageous are extra payments? Calculate the savings in mortgage interest you realize by making prepayments for a given set of loan terms. Read
  • Which loan is better?

    Calculate which of two mortgage loans is a better deal. Either or both of the loans may be fixed- or adjustable-rate (ARMs) loans. Read more
    Which loan is better? Calculate which of two mortgage loans is a better deal. Either or both of the loans may be fixed- or adjustable-rate (ARMs) loans. Read
  • Which lender has the better loan?

    Calculate which of two mortgage loans is a better deal. Either or both of the loans may be fixed- or adjustable-rate (ARMs) loans. Read more
    Which lender has the better loan? Calculate which of two mortgage loans is a better deal. Either or both of the loans may be fixed- or adjustable-rate (ARMs) loans. Read
  • How can I reduce mortgage insurance costs?

    Estimate your monthly payment for private mortgage insurance (PMI) over a range of down payments. Read more
    How can I reduce mortgage insurance costs? Estimate your monthly payment for private mortgage insurance (PMI) over a range of down payments. Read
  • What will my refinancing costs be?

    Calculate your closing costs if you decide to refinance your mortgage for a given set of loan terms. Read more
    What will my refinancing costs be? Calculate your closing costs if you decide to refinance your mortgage for a given set of loan terms. Read
  • Am I better off refinancing?

    Is your decision to refinance your mortgage loan a good one? Read more
    Am I better off refinancing? Is your decision to refinance your mortgage loan a good one? Read
  • Am I better off renting?

    Calculate whether buying a home is a better deal than renting. Read more
    Am I better off renting? Calculate whether buying a home is a better deal than renting. Read
  • What will my closing costs be?

    Calculate your mortgage closing costs for your specific loan terms. Read more
    What will my closing costs be? Calculate your mortgage closing costs for your specific loan terms. Read
  • How much can I save in taxes?

    Find your average yearly tax savings on a mortgage loan and calculate your after-tax interest rate on the loan. Read more
    How much can I save in taxes? Find your average yearly tax savings on a mortgage loan and calculate your after-tax interest rate on the loan. Read
  • How much should I put down for a new home?

    Calculate your monthly mortgage payment for two loans given a down payment and other loan terms. Read more
    How much should I put down for a new home? Calculate your monthly mortgage payment for two loans given a down payment and other loan terms. Read
  • Which is better: 15 or 30 year term?

    Calculate the monthly payments for two fixed-rate mortgage loans and determine which loan is the better deal. Read more
    Which is better: 15 or 30 year term? Calculate the monthly payments for two fixed-rate mortgage loans and determine which loan is the better deal. Read
  • Should I pay points to lower the rate?

    Calculate the monthly mortgage payment for two mortgage loans, given their respective interest rates and other loan terms, and determine whether paying additional mortgage points in exchange for a lower interest rate is a good deal. Read more
    Should I pay points to lower the rate? Calculate the monthly mortgage payment for two mortgage loans, given their respective interest rates and other loan terms, and determine whether paying additional mortgage points in exchange for a lower interest rate is a good deal. Read
  • Which is better: a fixed or adjustable rate mortgage?

    Calculate the monthly mortgage payment for a fixed- and adjustable-rate mortgage (ARM) loan, given their respective interest rates and other loan terms. Read more
    Which is better: a fixed or adjustable rate mortgage? Calculate the monthly mortgage payment for a fixed- and adjustable-rate mortgage (ARM) loan, given their respective interest rates and other loan terms. Read
  • How much will adjustable rate payments be?

    Calculate your monthly payment for an adjustable-rate mortgage (ARM) loan, given a loan amount and loan terms. Read more
    How much will adjustable rate payments be? Calculate your monthly payment for an adjustable-rate mortgage (ARM) loan, given a loan amount and loan terms. Read
  • How much will my mortgage payments be?

    Calculate your monthly mortgage payment for a given loan amount, interest rate and loan term. Read more
    How much will my mortgage payments be? Calculate your monthly mortgage payment for a given loan amount, interest rate and loan term. Read
  • How much can I borrow?

    Calculate a range of monthly mortgage payments for two underwriting scenarios. Read more
    How much can I borrow? Calculate a range of monthly mortgage payments for two underwriting scenarios. Read
  • Find a Local Mortgage Representative

    Read more

Insurance


  • How much life insurance do I need?

    Learn how much life insurance you need to ensure your family's quality of life. Read more
    How much life insurance do I need? Learn how much life insurance you need to ensure your family's quality of life. Read
  • What is my return on a whole life policy?

    Compare rates of return for a whole life insurance policy for three different time periods. Read more
    What is my return on a whole life policy? Compare rates of return for a whole life insurance policy for three different time periods. Read
  • What is my return on a universal policy?

    Compare rates of return on a universal life insurance policy for three different time periods. Read more
    What is my return on a universal policy? Compare rates of return on a universal life insurance policy for three different time periods. Read
  • What is my return on a variable universal policy?

    Compare rates of return for a variable universal life insurance policy for three different time periods. Read more
    What is my return on a variable universal policy? Compare rates of return for a variable universal life insurance policy for three different time periods. Read
  • Which is better: Term or Whole Life?

    Compare rates of return for term and whole life insurance policies for three different time periods. Read more
    Which is better: Term or Whole Life? Compare rates of return for term and whole life insurance policies for three different time periods. Read
  • Which is better: Term or Universal Life?

    Compare rates of return for term and universal life insurance policies for three different time periods. Read more
    Which is better: Term or Universal Life? Compare rates of return for term and universal life insurance policies for three different time periods. Read
  • Which is better: Term or Variable Universal Life?

    Compare rates of return for term and variable universal life insurance policies for three different time periods. Read more
    Which is better: Term or Variable Universal Life? Compare rates of return for term and variable universal life insurance policies for three different time periods. Read
  • Traditional NEA Hospital Care Insurance Plan: calculate your daily benefit

    Use This Calculator to Compute Your Cost Read more

Retirement Planning


  • How will retirement affect my expenses?

    Calculate your current monthly expenses and get an estimate of your monthly expenses in retirement. Read more
    How will retirement affect my expenses? Calculate your current monthly expenses and get an estimate of your monthly expenses in retirement. Read
  • Am I saving enough? What can I change?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    Am I saving enough? What can I change? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • What if I underestimate my expenses?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    What if I underestimate my expenses? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • How much of an effect can inflation have?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    How much of an effect can inflation have? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • What Happens If Tax Laws Change?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    What Happens If Tax Laws Change? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • How much will Social Security provide after retirement?

    This calculator helps you helps you to project your Social Security benefits. Read more
    How much will Social Security provide after retirement? This calculator helps you helps you to project your Social Security benefits. Read
  • What if Social Security no longer exists?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    What if Social Security no longer exists? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • 5 Minute Retirement Checkup

    In less than 5 minutes you can take the pulse of your retirement plan. Where are you now and where do you need to be? Answer a few questions and you’ll get a retirement savings snapshot plus additional planning resources if you need them. Read more
    5 Minute Retirement Checkup In less than 5 minutes you can take the pulse of your retirement plan. Where are you now and where do you need to be? Answer a few questions and you’ll get a retirement savings snapshot plus additional planning resources if you need them. Read
  • What will my income be after I retire?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    What will my income be after I retire? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • What Will My Expenses Be After I Retire?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    What Will My Expenses Be After I Retire? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • Which Savings or Income Sources Will Be the Largest?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    Which Savings or Income Sources Will Be the Largest? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • How Much Can I Invest Before Taxes Each Year?

    Calculate your maximum tax-deductible or allowable contributions to a regular or Roth IRA Read more
    How Much Can I Invest Before Taxes Each Year? Calculate your maximum tax-deductible or allowable contributions to a regular or Roth IRA Read
  • How Advantageous Is Increasing My Savings?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    How Advantageous Is Increasing My Savings? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • Which savings should be used first?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    Which savings should be used first? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • What will I earn with this account?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    What will I earn with this account? This calculator helps you answer key questions related to achieving your retirement goals. Read
  • How will this account be used?

    This calculator helps you answer key questions related to achieving your retirement goals. Read more
    How will this account be used? This calculator helps you answer key questions related to achieving your retirement goals. Read

Autos


  • What vehicle can I afford?

    Calculate the amount of a vehicle loan you can obtain, based on your down payment, vehicle purchase price, and loan terms. Read more
    What vehicle can I afford? Calculate the amount of a vehicle loan you can obtain, based on your down payment, vehicle purchase price, and loan terms. Read
  • Which is better: a rebate or special dealer financing?

    Calculate the cheaper source of borrowing to buy a vehicle: low-interest-rate financing or rebate incentives from the dealer or automaker. Read more
    Which is better: a rebate or special dealer financing? Calculate the cheaper source of borrowing to buy a vehicle: low-interest-rate financing or rebate incentives from the dealer or automaker. Read
  • Should I use a home equity loan instead of an auto loan?

    Calculate which loan saves you more by comparing the terms of a home equity and auto loan. Read more
    Should I use a home equity loan instead of an auto loan? Calculate which loan saves you more by comparing the terms of a home equity and auto loan. Read
  • What term of vehicle loan should I choose?

    Calculate which loan saves you more by comparing the loan term and interest rate of each loan. Read more
    What term of vehicle loan should I choose? Calculate which loan saves you more by comparing the loan term and interest rate of each loan. Read
  • Which vehicle loan is better?

    Calculate which loan saves you more by comparing the loan term and interest rate of each loan. Read more
    Which vehicle loan is better? Calculate which loan saves you more by comparing the loan term and interest rate of each loan. Read
  • How much will my vehicle payments be?

    Calculate the amount of your monthly payment using loan amount, loan term, and interest rate. Read more
    How much will my vehicle payments be? Calculate the amount of your monthly payment using loan amount, loan term, and interest rate. Read
  • Should I finance or pay cash for a vehicle?

    Calculate whether it is cheaper to borrow money to buy a vehicle or to pay cash. Read more
    Should I finance or pay cash for a vehicle? Calculate whether it is cheaper to borrow money to buy a vehicle or to pay cash. Read
  • Should I lease or purchase a vehicle?

    Calculate whether or not leasing is preferable to borrowing to buy a vehicle. Read more
    Should I lease or purchase a vehicle? Calculate whether or not leasing is preferable to borrowing to buy a vehicle. Read
  • How much should depreciation cost me?

    Calculate the annual depreciation expense by applying a depreciation rate (average, high or low) to the new vehicle. Read more
    How much should depreciation cost me? Calculate the annual depreciation expense by applying a depreciation rate (average, high or low) to the new vehicle. Read
The average household with debt carries approximately $10,000 to $12,000 in total revolving debt and has 9 credit cards, according to U.S. Public Interest Research Group and Consumer Federation of America analysis.