Calculate the margin loan amount you can afford to take out given previous dividend income.
This calculator is divided into three parts:
- Margin Calculator - Calculate the margin loan you can take out in order to pay off the interest every month with your previous dividends. It is strongly recommended to take out a loan smaller than the recommended in order to pay back the loan interest and principal. The following parts of the calculator will assist you in choosing the optimal margin loan amount.
- Interest Calculator - Confirm the loan amount you wish to take on margin, and view the yearly, monthly, and daily interest charges given the interest rate you previously provided. Again, it is strongly recommended that you take out a loan smaller than the recommended in order to pay back the interest and principal. This amount can be changed, however you must press the button to resubmit the form and recalculate the interest payments.
- Dividends Calculator - Now that you have chosen the loan amount you wish to take out, you can calculate the new yearly and monthly dividends you will earn by reinvesting the loan into a new stock. At the end of the calculator is a sentence which shows how long it will take to pay off the margin loan you chose using the previous dividends you entered PLUS your new dividends.
Thank you for reading this and for using this tool.
The information provided in this repository, including but not limited to the Stock Margin Calculator, is for educational and informational purposes only. It should not be construed as financial, investment, or legal advice.
Investing in the stock market and using margin involves inherent risks, and individuals should conduct thorough research and seek the advice of a qualified financial advisor before making any investment decisions.
The creators and contributors of this repository do not guarantee the accuracy, completeness, or reliability of the information provided. They shall not be held liable for any losses or damages arising from the use of the information or tools provided in this repository.
Users are solely responsible for their investment decisions and should exercise caution and diligence when dealing with financial matters.