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?

 
   
   
Wornel Simpson
821-Hawkcrest Circle • Sacramento, CA • 95835
Phone: (916) 446-7099 • Fax: (916) 446-0725
www.wornelsimpson.com • wornel@wornelsimpson.com

Securities and investment advisory services offered through FSC SECURITIES CORPORATION, member FINRA/SIPC and a registered investment advisor.  Wornel Simpson is not affiliated with FSC Securities Corporation or registered as a broker-dealer or investment advisor.