15 vs. 30 Year Fixed Rate Mortgage Calculator

This calculator helps prospective borrowers compare a 15 year fixed mortgage to a 30 year fixed mortgage, including the monthly payment amount, remaining principle balance, total interest paid, and potential tax implications.

Home Equity Credit Calculator

Curious how much you might qualify for? Try our Home Equity calculator below – simply input the appraised value of your home and the total amount of all your outstanding home loans.

Loan Repayment Calculator

Enter your loan amount, interest rate and term below, and click the “View Report” button to see the amortized monthly repayment schedule, including your remaining principal balance by payment, the total of all payments made, and the total interest paid. Or, conversely, enter your desired monthly payment to see the corresponding loan amount you could finance.

ARM vs. Fixed Rate Mortgage Calculator

A Fixed Rate Mortgage has the same payment for the entire term of the loan. An Adjustable Rate Mortgage (ARM) has a fixed rate for a specific period of time (“initial period”), after which the rate may adjust and change your monthly payment.

Roth vs. Traditional IRA Calculator

This Individual Retirement Account (IRA) calculator helps you compare possible retirement outcomes from investing in a Roth IRA vs. a Traditional IRA.

Retirement Planning Calculator

A retirement plan requires careful consideration of many factors – such as how much you save, how your future earnings might change, and how much you’ll spend in retirement. This calculator allows you to explore different outcomes by adjusting these variables, and seeing their effects on your retirement plan.

Savings Goals Calculator

Are you on track to meet your savings goals? Find out by completing the fields below and clicking the “View Report” button. You’ll get a summary of your current savings plan and a sense of how much you might want to adjust your monthly savings amount to reach your goal in inflation-adjusted dollars.

All BankRI branches and offices will be closed on Wednesday, June 19, 2024, in observance of Juneteenth.