Repay or make savings?

There is no guarantee that the calculator below works accurately. It may provide some help but it does not replace speaking to an expert in the field.

General

This calculator computes how quickly you can reduce your debt and increase your savings. You can select how you would like to allocate your monthly installment between repaying your debt and making savings.

Time: years
Monthly installment:

This is total amount that you can pay towards the debt or your savings each month. Use the slider below to select how much goes where.

Debt

Principal debt:
Interest rate on debt:		in %

Savings

Principal savings:
Interest rate on savings:		in %

Allocation

Installment to debt	Adjust allocation	Installment to savings

Comments

The calculator compounds the interest monthly. This is because your monthly installment reduces the amount of debt and/or increases your savings. Thus, the due interest changes monthly. No worries, the calculator computes that and you only have to provide your annual interest rate. This is typically called AER, EAR, APR or CAR, and is usually the big numbers on top of the product.

This calculator is intended to help you decide whether to prioritise repaying debt or building up savings. It takes into account your interest rates at both ends, the principals and the money that is available for repaying or making svaings. Please note that there can be HUGE differences between interest rates for debts and savings. Please, do check that information. You can observe the effect of small changes using the up/down clicking function in the interest-fields.

There is something called cost of credit. This is the difference between the money you borrow and the money that you have to repay including all interests and fees, please look for cost of credit. The interest rate is one thing but the fees can be complex and add up over the years. Thus, the cost of credit is helpful for comparing two credit offers. The banks are able to provide that information. You might have to press them into doing so but it is really helpful to you.

Undo and redo in Microsoft Office

Most programmes offer an undo and redo operation. In Microsoft Office including Word and Excel, the undo will revert your last action. For example, if you have deleted a word accidentally then undo will bring it back. This also works for the previous action and action before that. You can press Ctrl+Z or use the menu in the top left corner for undoing.
There is a special command in Word for repeating and undoing your undone actions which you can access through the buttons in the top left corner or Ctrl+Y. It appears as if that was a two-in-one button. But it basically stores your last action, e.g. typing the word "example", and performs it again.

• example

By using the repeat/redo command, this action will be performed again. Thus, you will see another "example" appearing on screen.

• exampleexample

If you undo this action, the most recent "example" will disappear.

• example

If you repeat/redo your action an additional "example" will appear on screen.

• exampleexample

Location and shape of the buttons

In Word, you have an arrow going backwards for undo (left symbol; Ctrl+Z) and a circle shaped button for redo (right symbol; Ctrl+Y).

The buttons are located on the top left in the newer version of Microsoft Word. The example is from Word 2013.

In the older versions they are integrated in the general menu of symbols, typically in the first row. The example is from Word 2010.

Other issues

In contrast to LibreOffice, you cannot adjust the number of actions in the loop. But you can use the little arrow next to the undo-button and select how many steps you wish to go backwards. You can also press Ctrl+Z until you are where you want to be. Importantly, you can redo your undo if you went to a little far.

Screenshots on Huawei Androids

Taking a screenshot is a much better idea than taking a photograph showing your screen. The screenshot captures exactly what you see, but without being blurred, having issues with being too bright/dark or being photographed from a bad angle.

• On a Huawei Android device (e.g., Huawei Ascend), you press the power button and the volume down key at the same time. The picture is now accesible through the notification area of the phone and can be tapped on. It can now be shared and sent around as any other picture of the device.

Notice, that looking at the screenshot can be confusing as it looks exactly like your screen in exactly the same resolution. That means it looks as if it was the actual screen, but it is just your screenshot (i.e., a picture of your screen). The device is actually just showing a picture in full screen mode. This is especially confusing after tapping the screenshot from the notification area.

The undo and redo in LibreOffice

Most programmes offer an undo and redo operation. In LibreOffice including Writer and Calc, the undo will revert your last action. For example, if you have deleted a word accidentally then undo will bring it back. This also works for the previous action and action before that.
You can press Ctrl+Z or to the menu Edit and click the first entry Undo.
There is a specific way for undoing the undo-command called redo. A special command is required because using undo will go further and further back in the history of your actions. In contrast, redo works in the other direction. For example, you deleted a word and used the undo command. Now, the redo command will delete this word again, i.e. undoing the undo.
You can press Ctrl+Y or to the menu Edit and click the second entry Redo.

Other issues

In LibreOffice, undo and redo are bound to a particular document. That means clicking undo affects the active document, but not any other documents in the background. Limit in number of steps
There is a limit which is typically set to 100. That means you can undo the last 100 actions. In LibreOffice go to the menu Tools → Options... → LibreOffice → Memory. In the top right, you can adjust the number of steps that will be available to you.

Screenshot on Sony Androids

Taking a screenshot is a much better idea than taking a photograph showing your screen. The screenshot captures exactly what you see, but without being blurred, having issues with being too bright/dark or being photographed from a bad angle.

• On a Sony Android device (e.g., Sony Xperia), you press the power button and the volume down key at the same time. The device typically produces a shutter sound as if you have taken a photo using the camera. The picture is now placed in your gallery and can be shared like any other picture.

Notice, that looking at the screenshot can be confusing as it looks exactly like your screen in exactly the same resolution. That means it looks as if it was the actual screen, but it is just your screenshot (i.e., a picture of your screen). The device is actually just showing a picture in full screen mode.

Screenshot on Samsung Androids

Taking a screenshot is a much better idea than taking a photograph showing your screen. The screenshot captures exactly what you see, but without being blurred, having issues with being too bright/dark or being photographed from a bad angle. On a Samsung Android device, there are two methods to try.

• If you have a Galaxy S3 or S4, press the home button (the physical button at the centre bottom) and the power button at the same time. You have to hold it for a few moments. The device produces a flashing white margin on screen and a shutter sound as if you have taken a photo using the camera.
• If you have any other Samsung Android, you press the power button and the volume down key at the same time. The device typically produces a shutter sound as if you have taken a photo using the camera.

In either case, the picture is now placed in your gallery and can be shared like any other picture.
Notice, that looking at the screenshot can be confusing as it looks exactly like your screen in exactly the same resolution. That means it looks as if it was the actual screen, but it is just your screenshot (i.e., a picture of your screen). The device is actually just showing a picture in full screen mode.

Forward button in Google Chrome for Android

As in every browser you can move forward and backward. This is restricted to the tab that you have opened.
Moving backwards means returning to a page that you have just navigated away from. That means you clicked on some link or typed in another web address and now return to the previous website.
Moving forwards is only applicable after you have navigated backward. For example, you clicked the back arrow once too often. In this case the forward button moves you forward through the pages that you have left. That means, moving forward is undoing your backwards move.

• There is a go forward and a go backward button in the top row of the menu (bottom left button of the device ).
• Moving forward in history: No buttons or keys
• Moving backward in history: back button (bottom right of the device )