The Chase Estimator Tool helps you calculate the distance a chaser will cover to catch a target.

**How to Use the Chase Estimator Calculator:**

This chase estimator calculates the time it will take for a chaser to catch up with a runner based on the given distances and speeds. Follow the steps below:

- Enter the distance between the chaser and the runner in meters.
- Enter the speed of the chaser in meters per second.
- Enter the speed of the runner in meters per second.
- Click on the “Calculate” button to get the time it will take for the chaser to catch the runner.

**How it Calculates the Results:**

The calculation is performed using the formula: `time = distance / (chaser_speed - runner_speed)`

. If the runner’s speed is equal to or greater than the chaser’s speed, the result will indicate infinity or no interception.

**Limitations:**

- If the chaser’s speed is less than or equal to the runner’s speed, the calculator will not provide a valid result.
- All inputs must be in the same units for distance (meters) and speed (meters/second).
- Real-world factors such as fatigue, terrain, and weather conditions are not taken into account.

## Use Cases for This Calculator

### Calculate Monthly Loan Payments

Determine the amount you’ll need to pay each month on your Chase loan with this estimator. Simply input the loan amount, interest rate, and loan term to get an accurate monthly payment estimate.

### Estimate Total Interest Paid

Find out how much interest you’ll end up paying over the life of your Chase loan. Knowing this number can help you make informed decisions on the total cost of borrowing and potentially adjust the loan terms to save money.

### Compare Different Loan Terms

See how changing the loan term, whether shorter or longer, impacts your monthly payments and total interest paid. Use this feature to determine the most suitable loan term that aligns with your financial goals.

### Calculate Affordability

Input your desired monthly payment along with the interest rate to determine the maximum loan amount you can afford. This calculation can help you set a budget for your Chase loan and avoid taking on more debt than you can handle.

### Estimate Refinancing Savings

Discover how much you could save by refinancing your existing Chase loan with a lower interest rate. Input the current loan details and the new interest rate to see potential savings on monthly payments and total interest paid.

### Plan for Extra Payments

Explore the impact of making extra payments towards your Chase loan. Input the additional payment amount and frequency to see how it affects the loan term and total interest paid, helping you pay off the loan faster and save on interest.

### Calculate Debt-to-Income Ratio

Determine your debt-to-income ratio by inputting your monthly debts and income along with the potential Chase loan payment. Understanding this ratio can help you assess your financial health and eligibility for the loan.

### Estimate Prepayment Penalties

If your Chase loan has prepayment penalties, use this feature to estimate the costs associated with paying off the loan early. Input the prepayment amount and see how it affects your total payoff amount.

### Calculate Interest-Only Payments

Calculate the monthly payment for an interest-only Chase loan. Input the loan amount and interest rate to see how much you would need to pay each month if only the interest is being paid, with the principal remaining unchanged.

### Estimate Variable Interest Payments

If your Chase loan has a variable interest rate, use this feature to estimate your monthly payments based on different rate scenarios. Input the initial rate and potential rate changes to see the impact on your payments over time.