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Senior Contributor
Posts: 4,214
Registered: ‎09-12-2008

FICO Simulator & Financial Calculators

[ Edited ]

Here is a FICO Simulator / Estimator which is "powered by MyFICO"

 

http://www.bankrate.com/brm/fico/calc.asp  which is the same simulator as FICO® Score Estimator on the MyFICO site.

 

For those who say "what if I do x, y or z....what will my score be" here is an opportunity to "what if" and see the potential results of your hard work....and to help you determine what areas to focus on first for maximum results.

 

Here are some very useful financial calculators here:  

 

http://www.bankrate.com/calculators.aspx

 

Use these calculators to figure out payments and budgets.  You can also use the CREDIT CARD CALCULATOR to see how much you are going to pay out if you only pay minimums. 

 

 

Anybody that has other useful calculators or online tools, please add them to this thread Smiley Happy

Message Edited by txjohn on 04-19-2009 02:35 PM

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09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Senior Contributor
Posts: 3,240
Registered: ‎04-03-2008
0

Re: FICO Simulator & Financial Calculators

[ Edited ]

txjohn wrote:

Here is a FICO Simulator / Estimator which is "powered by MyFICO"

 

http://www.bankrate.com/brm/fico/calc.asp  which is the same simulator as FICO® Score Estimator on the MyFICO site.

 

For those who say "what if I do x, y or z....what will my score be" here is an opportunity to "what if" and see the potential results of your hard work....and to help you determine what areas to focus on first for maximum results.

 

Here are some very useful financial calculators here:  

 

http://www.bankrate.com/calculators.aspx

 

Use these calculators to figure out payments and budgets.  You can also use the CREDIT CARD CALCULATOR to see how much you are going to pay out if you only pay minimums. 

 

 

Anybody that has other useful calculators or online tools, please add them to this thread Smiley Happy

Message Edited by txjohn on 04-19-2009 02:35 PM

 

Yes, the Bankrate calculators are excellent, I've used them many times.

 

That estimator is pretty good -- for me it gives a range of 755 to 805 right now.  If you've recently pulled an actual FICO score from myfico then you can also use its simulator tool, which has the advantage of starting from actual data.  But the estimator allows some scenarios not covered by the simulator tool.

 

Another good site is the Mortgage Professor:

 

http://www.mtgprofessor.com/calculatorsOriginalMenu.htm

 

http://www.mtgprofessor.com/spreadsheets.htm

 

 

Message Edited by MattH on 04-20-2009 09:30 PM
TU 791 02/11/2013, EQ 800 1/29/2011 , EX Plus FAKO 812, EX Vantage Score 955 3/19/2010 wife's EQ 9/23/2009 803
EX always was my highest when we could pull all three
Always remember: big print giveth, small print taketh away
If you dunno what tanstaafl means you must Google it

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