[Skip to Content]

Financial Calculators

Retirement Savings and Planning
401(k) CalculatorA 401(k) can be one of your best tools for creating a secure retirement. Use this calculator to see why this is a retirement savings plan you cannot afford to pass up.
401(k) Spend It or Save It CalculatorThere are several ways to manage your 401(k) when you leave an employer. Making the wrong decision can cost you thousands of dollars both in taxes and lost earnings.
403(b) Savings CalculatorIf you are an employee of a non-profit tax-exempt organization, a 403(b) can be one of your best tools for creating a secure retirement.
72(t) CalculatorThe IRS Rule 72T allows for penalty free, early withdrawals from retirement accounts. Use this calculator to determine your allowable 72T Distribution and how it can help fund your early retirement.
Required Minimum Distribution (RMD)Use this calculator to determine your Required Minimum Distributions (RMD) as an account owner of a retirement account. This financial calculator will also look at potential future year's distribution requirements.
Retirement Contribution Effects on Your Paycheck CalculatorUse this calculator to see how increasing your contributions to a 401(k), 403(b) or 457 plan can affect your paycheck as well as your retirement.
Retirement Income CalculatorUse this calculator to determine how much monthly income your retirement savings may provide you in your retirement.
Retirement Pension Planner CalculatorPlan your retirement with a company pension, find out if you are on track - and learn how to stay there.
Retirement Planner CalculatorQuickly determine if your retirement plan is on track - and learn how to keep it there.
Retirement Shortfall CalculatorRunning out of your retirement savings too soon is one of the biggest risks to a comfortable retirement. Use this calculator to find a potential shortfall in your current retirement savings plan.
Roth 401(k) vs. Traditional 401(k) CalculatorUse this calculator to determine which 401(k) contribution type might be right for you.
Social Security Benefit CalculatorUse this calculator to estimate your Social Security benefits.
Traditional IRA CalculatorHow can contributing to a regular IRA help you in your retirement?
Mortgage Calculators
Mortgage CalculatorUse this calculator to determine your monthly mortgage payment and amortization schedule.
Mortgage Qualifier CalculatorCan you buy your dream home? Find out just how much you can afford!
Mortgage Refinance CalculatorShould you refinance your mortgage? Use this calculator to determine when you will break even on a mortgage refinance.
Loan Calculators
Alternative Payment FrequenciesUse this calculator to determine your payment or loan amount for different payment frequencies.
Amortizing Loan CalculatorEnter your desired payment - and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your monthly payment!
Loan Comparison CalculatorUse this calculator to sort through the monthly payments, fees and other costs when comparing loan options.
Loan Prequalification CalculatorUse this calculator as your first step in determining your ability to qualify for a loan.
Savings Calculators
College Savings CalculatorUse this calculator to help develop or fine tune your education savings plan.
Compound Savings CalculatorFind out how consistent investments over a number of years can be an effective strategy to accumulate wealth.
Cool Million CalculatorFind out when your savings plan may make you a millionaire!
Savings Distribution CalculatorUse this calculator to determine savings balance after a series monthly, quarterly or annual withdrawals.
Savings Goal CalculatorWhat will it take to reach your savings goal? This financial calculator helps you find out.
Personal Finance
Basic Financial CalculatorThis works just like a pocket financial calculator. In addition to arithmetic, it can also calculate present value, future value, payments or number of periods.
HSA Calculators
Health Savings Account (HSA) Contribution CalculatorThis Health Savings Account (HSA) calculator determines the amount you are allowed to deposit into an HSA account for the current tax year.
Health Savings Account (HSA) Goal CalculatorAre you looking at the Health Savings Account (HSA) as a retirement account? This calculator will help you determine what you need to do in order to reach your goal.
Health Savings Account (HSA) Savings CalculatorUse this calculator to help you determine how much your Health Savings Account (HSA) will be worth over time.
Health Savings Account (HSA) vs. Traditional Health PlanCompare an High Deductible Health Plan (HDHP) with a Health Savings Account (HSA) to a traditional health plan.
Health Savings Accounts (HSA) Employer BenefitThis calculator helps estimate the value of creating a High Deductible Health Plan (HDHP) with Heath Savings Accounts (HSA) for your employees.

Alerus Financial
401 DeMers Ave Suite 300
Grand Forks, ND

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.