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?

 
   
   
Financial Advisor Maryland | Financial Planner | Wealth Manager | Retirement Planning | Annuities and Asset Management in MD / Maryland
12051 Little Patuxent Parkwy.
 • Columbia, MD • 21044
Phone: 410-528-8688
Phone: 410-290-6263		 • Fax: 240-209 5568
• michael.balakirsky@lpl.com

Advisory Services and Securities offered through LPL Financial, Member FINRA/SIPC