Each form linked below has the same variables you can tune, but each link highlights the important values to change for that kind of scenario.
Since I wanted to know the right answer, I wrote this tool to find out. Then I figured others could benefit from it too, so I put it up on the web.
The kinds of questions this page can help you with are: Which loan is better? Should you refinance your mortgage? (Lower monthly payments aren't the whole picture.) Buy vs. lease? Pay cash vs. borrow? -- all these questions have the same thing in common: There are so many factors they're hard to decide. Moreover, one choice may be better only after a certain number of years -- if you'll sell before then, you made the wrong choice. Unfortunately, the wrong decision can cost you thousands of dollars.
I wrote this software to take all the variables into consideration to answer the question: Which is better for your bottom line? That is, which scenario maximizes your total net worth? The web pages below will show you the answer, month by month.
So -- What's your goal? Click the link below to get to the worksheet: