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?

 
   
   
JMI Financial Group
3490 East Lake Road, Suite B • Palm Harbor, FL • 34685
Phone: (727) 771-1200 • Fax: (727) 771-6088
www.jmiFinancial.com • jmiFinancial@lpl.com

Securities offered through LPL Financial.  Member FINRA/SIPC.  Investment advice offered through JMI Financial Group, a registered investment advisor and separate entity from LPL Financial.