When you want to estimate the cost of buying a car or home, you can use a free $22 calculator by the Federal Emergency Management Agency.
The FEMA loan calculator is based on a study by the National Association of Home Builders.
The group has released its own version of the calculator to help with estimating home loan costs, too.
The calculator will show you the cost per mile, total cost per month, and average monthly payments, as well as the cost in the last year of each type of loan, the FEMA loan website says.
You can also compare your loan amount to other lenders.
If you don’t want to pay the full cost of the loan, you may need to pay down your loan early, according to the calculator.
If the loan is for more than 30 days, the calculator will estimate how much it would cost you to pay off the loan.
But it’s a good idea to get the loan approved before paying down the balance, the FAQ explains.FEMA’s website has more details on how to find the calculator, including how to enter a credit score and see how much interest the calculator offers.