What the disclaimer means
A calculator gives estimates for learning. It does not give financial advice.
By default, a calculator shows this disclaimer under its results:
These calculators are provided for educational purposes only and do not constitute financial, tax, legal or fiduciary advice. Results are estimates based on the information you enter. Consult a qualified professional before making financial decisions.
Some calculators also show this one-sentence version:
This calculator is for educational purposes only and is not financial advice.
What it means for you
- Educational use. Calculators help you see how numbers work together, such as how a rate and a term change a payment.
- Estimates. A result comes from the numbers you enter and the calculator's rules. Real offers, fees, taxes and rates can differ.
- Not advice. A calculator does not tell you what to do. It does not predict or promise any outcome.
- Ask a professional. For decisions about your own money, talk to a qualified professional.
The company that shows a calculator can add its own wording or choose the language. The educational-use and no-advice position above stays true on every site.