Equivalent Work Hours To Achieve Goal

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Instructions:
Edit the input variables, then click the Calculate button to plot the results.
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Note that this calculator takes no account of personal income tax or other budget expenses.

Savings Goal $
Wages $/hour
Loan Parameters:
Loan Repayment Term (months)
Loan Type 1 Interest Rate %p.a.
Loan Type 2 Interest Rate %p.a.

Savings Case:
Work Hours required to achieve goal:
Loan Type 1 Case:
Monthly Repayment Required $
Total Cost of Loan $
Work Hours required to repay loan:
Loan Type 2 Case:
Monthly Repayment Required $
Total Cost of Loan $
Work Hours required to repay loan:
Results Summary:
Extra Work Hours for Loan 1:
Extra Work Hours for Loan 2: