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Calcimator

Float Management

Optimize payment timing to maximize interest earned. Use credit card grace periods and high-yield savings to earn more on your money between paychecks and bill due dates.

Inputs

$
%
days
$
days

Results

Optimized Monthly Interest

$22.45

Annual Interest Gain

$44.4

Current Monthly Interest$18.75
Optimal Checking Balance$1,500
How to Use This Calculator
  1. Enter your average checking account balance and your savings account interest rate.
  2. Set your credit card grace period in days and total monthly bills.
  3. Input the average number of days bills sit in checking before being paid.
  4. Review Optimized Monthly Interest vs Current Monthly Interest to see the gain from timing payments better.
  5. Check Optimal Checking Balance — keep only this amount in checking and sweep the rest to your savings account.
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