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?

 
   
   
Randy Rathmann - www.randyrathmann.com
2707 Artie Street Bldg. 200, Suite 12 Huntsville, AL 35805
Phone: 256-536-7320 Fax: 256-536-7449
Investment Advisor Representative of Investment Advisors, a Registered Investment Advisor and a division of ProEquities, Inc. Securities offered through ProEquities, a Registered Broker-Dealer, Member FINRA & SIPC.
600 Luckie Drive, Suite 200 Birmingham, AL 35223 (800)852-1568