Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Principal is the amount you borrowed, and interest is the amount you pay to the lender as a charge for borrowing. To calculate interest, multiply the principal amount by the interest rate, then ...

Annuities provide periodic payments for an agreed-upon period of time, either now or in the future, for the annuitant or beneficiary. You can annuitize the annuity by making monthly, semiannual, or ...

Need cash now? Use our Personal Loans Tool to lock in great offers in minutes! Calculating the interest rate on a personal loan can be difficult. Most lenders use simple interest rather than compound ...

Many homeowners use adjustable-rate mortgages to finance their homes. The advantage of ARMs is that their rates can be lower than you'd pay on fixed-rate mortgages. However, ARMs have a couple of ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

Mortgage calculator apps can help you see the impact of different loan amounts, interest rates and payment terms in seconds. Whether you’re looking for a mortgage budget app to see what you can afford ...

So you’re looking for one of the best business loans or financing options available. That’s great, but how do you know if you can actually afford it? Before you borrow funds for your business, ...

Many homeowners use adjustable-rate mortgages to finance their homes. The advantage of ARMs is that their rates can be lower than you'd pay on fixed-rate mortgages. However, ARMs have a couple of ...

Your payment is calculated based on your chosen interest rate and repayment period. The type of loan (interest-only or amortizing) will determine the loan payment formula and how interest is ...