Build your savings and set budgets
Savings calculators
Education savings calculator
Develop and fine tune your savings plan for educational expenses.
View calculatorHealth savings account (HSA) contribution
Determine the amount you are allowed to contribute to your HSA account for the current tax year.
View calculatorHealth savings accounts (HSA) employer benefit
Estimate the value of creating a High Deductible Health Plan (HDHP) with Health Savings Accounts (HSA) for your employees.
View calculatorHealth savings account (HSA) savings
Help you determine how much your Health Savings Account (HSA) will be worth over time.
View calculatorSavings delay cost calculator
See how much postponing your savings plan may really cost.
View calculator
Spending calculators
Mutual fund expense calculator
Analyze the costs associated with buying shares in a mutual fund.
View calculatorPersonal debt consolidator
Determine if it would make sense to consolidate your debt.
View calculator
Budgeting calculators
Create a budget
Learn where your money is going to help you to achieve your financial goals.
View calculatorPPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
Test
Content
Leaving Our Website
You are leaving our website and linking to an alternative website not operated by us. Redwood Credit Union does not endorse or guarantee the products, information, or recommendations provided by third-party vendors or third-party linked sites.