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?

 
   
   
McCollum Tax and Financial Services
41800 Enterprise Circle South
Suite G		 • Temecula, CA • 92590
Phone: 951 719-3840
866 241-2818		 • Fax: 951 719-3805
• McCollumTax@verizon.net