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Resources / Calculators


Financial calculators can help you plan for retirement, save for a vacation, or determine your monthly mortgage payment.

The Farmers Bank offers a variety of financial calculators to assist you in planning your financial needs.

Auto Loan

Determine your car loan payment based on your purchase price or find out how much you can buy based on your monthly payment.

Mortgage Loan

Use this calculator to determine your monthly payment and amortization schedule.

Home Equity

How big of a home equity line of credit can you receive? Use this calculator to find out!


Quickly determine if your retirement plan is on track - and learn how to keep it there.


Find out how consistent investments over a number of years can be an effective strategy to accumulate wealth.

Retirement Savings

Use this calculator to see how long your retirement savings will last. This is based on your retirement savings and your inflation adjusted withdrawals.

Retirement Distribution

The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from some types of retirement accounts annually, starting the year you turn age 70-1/2. Determining how much you are required to withdraw is an important issue in retirement planning. Use this calculator to determine your Required Minimum Distributions.

Investment Returns

Meeting your long-term investment goal is dependent on a number of factors. This not only includes your investment capital and rate of return, but inflation, taxes and your time horizon. This calculator helps you sort through these factors and determine your bottom line.

Health Savings Account

Use this calculator to help you determine how much your Health Savings Account
(HSA) will be worth over time. Fine tune your plan by seeing what happens if
you make changes to your HSA savings plan.

Checkbook Balancer

Let us help you balance your checkbook. First tell us the ending balance on your statement, then enter all of your outstanding checks and deposits. If your checkbook register matches our calculated amount, your checkbook is balanced! If not, you may need to verify that all of your withdrawals and deposits are correct and accounted for.


Glossary of Terms

  • A nine-digit number that identifies your financial institution. Larger banks may have multiple routing numbers that are based on the geographic location where the account was opened.
  • The Federal Deposit Insurance Corp. A government-run organization that insures customers’ bank deposits up to $250,000 if the bank fails. The National Credit Union Administration is the equivalent for credit unions.
  • Commonly known as a CD, an account into which you deposit a sum of money and agree to keep it there for a specified length of time. The account typically pays higher interest rates than standard savings and checking accounts.
  • Annual percentage yield. The amount of interest you gain from keeping money in an account in a year, including compound interest.
  • Annual percentage rate. The amount of interest you gain from keeping money in an account in a year, not including compound interest.
  • Interest that applies to the original deposit as well as any newly earned interest. For example, if you put $100 in an account that earns compound interest at 5% a year, in the next year you will earn 5% on $105. Noncompounding interest would continue to earn 5% on $100.
  • Typically, an interest-bearing account used to hold money for short- or long-term goals or emergencies. You can add to this account at any time, but certain types of withdrawals may be limited to six per month.

    » Want to earn the highest rates? Check out NerdWallet’s best high-yield online savings accounts
  • A fee incurred when your checking account doesn’t have enough funds to cover a payment that is requested. The financial institution may pay what your account lacks, after which your account may have a negative balance.
  • An account at a financial institution into which you can deposit money and from which you can write checks for purchases. Most people use checking accounts to receive their wages and pay their bills.