Ironman over at Political Calculations just turned a post of mine into one of his famous calculators.
My post, The True Cost of a Thirty Year Mortgage, compared the cost and advantages of a fifteen-year term mortgage vs. taking out a thirty-year mortgage and paying it off in fifteen.
Ironman’s calculator makes it easier for you to run your own numbers and see whether this option makes sense for you.
He’s written a bunch of other great calculators, including:
- Estimating the Natural Rate of Unemployment
- Converting Amazon Ranks to Book Sales
- Should you quit your job?
- Is Your Personal Grooming Adequate?
Check out his collection of on-line tools. You’ll surely find something of interest.
Image Credit: TMView on Flickr
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