Posts Tagged ‘automobile mileage’

Calculation question, what is better to pay off overall with consideration to tax deductions…?

Sunday, November 15th, 2009

I am trying to decide what is best to start using my extra money to pay off…a student loan at 5.4%, an auto loan at 4.99% or a heloc at 7.75% I know student loans and heloc interest is tax deductible, but assuming these deductions don’t affect a change in bracket (tax rate) what is the calculated difference in interest saved (assuming 15% bracket) on whether to pay which of these three….(I guess I’ve always been told pay non-deductible first, but with these numbers I just don’t see how that adds up…and most importantly how do I actually calculate the real interest I’m paying on tax deductible interest so I can compare it to nondeductible rates…) thanks in advance for any help!

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Related ‘automobile mileage’ sites :


LinkeSOFT AutoMobile Mileage and Cost Tracking
AutoMobile makes book keeping of fill-ups easy. Simply enter mileage, fuel and costs using the tap-on counters and AutoMobile calculates current ...
www.linkesoft.com/automobil
 
LinkeSOFT AutoMobile Mileage and Cost Tracking
At the very first start AutoMobile shows you the preferences screen. ... After setting the preferences you should enter the initial mileage for your car. ...
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GSA - Privately Owned Vehicle (POV) Mileage Reimbursement Rates
The following lists the Privately Owned Vehicle (POV) reimbursement rates for automobiles, motorcycles, and airplanes.
gsa.gov/Portal/gsa/ep/contentView.do?...&contentId=9646
 
Standard Mileage Rates
Standard Mileage Rates. The following table summarizes the optional ... costs of operating an automobile for business, charitable, medical, or moving expense ...
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Illuminations: Least Squares Regression
Automobile Mileage: Age vs. Mileage. In this lesson, students plot data about automobile mileage and interpret the meaning of the slope and y-intercept ...
illuminations.nctm.org/LessonDetail.aspx?ID=L392
 
Illuminations: Least Squares Regression
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California Auto Mileage Expense Reimbursement
The standard automobile mileage reimbursement rate set by the IRS for 2010 - 50 cents per mile. ... The standard automobile mileage reimbursement rate set by the IRS for ...
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How to Improve Your Automobile Gas Mileage | eHow.com
It is increasingly important to improve your automobile gas mileage, as gas prices go up and the economy goes down. There are several ways to increase ...
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Fuel Economy Site
Gas Mileage, safety, air pollution and greenhouse gas emissions for new and used cars and trucks. Improve the MPG of your vehicle with our gas mileage tips
www.fueleconomy.gov
 
Understanding Automobile Gas Mileage
Explains auto gas mileage, fuel economy, and fuel mileage, and rolling and aerodynamic drag, car engines, has comparisons of mileage.
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