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?

 
   
   
New Horizons Financial Group
2404 Windsor Place • Champaign, IL • 61820
Phone: (217) 359-7100 • Fax: (217) 239-7100
• Gmickle@nhfg.org

Securities and advisory services offered through SagePoint Financial, Inc., a Registered Broker Dealer  Member FINRA/SIPC  and SEC registered investment advisor.  New Horizons Financial Group is a separate entity from SagePoint Financial, Inc., or registered as a broker dealer or investment advisor.

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