Loan Payoff  
Borrowing money can be an expensive proposition. Even at relatively low interest rates, you may be surprised at the amount of interest you pay over the life of a loan. This calculator is designed to help you estimate the true cost of that loan you may be considering.
     

1. How much do you plan to borrow?

$

2. What interest rate do you expect to pay on this loan?

%

3. What is the term of the loan (for how long will you be borrowing the money)? Enter in months; e.g., 360 for a 30-year loan.

4. What is your federal marginal tax bracket?

 
   
   
Professional Economic
105 Fieldcrest Ave • Edison, NJ • 08837
Phone: (732) 225-0777 x1244 • Fax: (732) 346-1603
• cdemarco@htk.com

*Securities and Investment Advisory services offered through Hornor, Townsend and Kent Inc. Registered Investment Adviser Member FINRA/SIPC. 105 Fieldcrest Avenue, 5C ,Edison, NJ 08837 (732) 225-0777. PEGG is Independent of HTK, Inc. HTK, Inc. is a wholly owned subsidiary of The Penn Mutual Life Insurance Company.

A0CD-0518-08

 

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