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?

 
   
   
National Legacy Group
210 Park Avenue • Florham Park, NJ • 07932
Phone: 973-538-9100 • Fax: 973-540-1155
• rich.donna@pennmutual.com

*Registered Representative of, and Securities and Investment Advisory services offered through Hornor, Townsend & Kent, Inc., (HTK), Registered Investment Advisor, Member FINRA/SIPC, 210 Park Avenue, Florham Park, NJ  07932  973.538.9100. National Legacy Group, Prime Financial Services and other listed entities are independent of HTK.  HTK is a wholly owned subsidiary of the Penn Mutual Life Insurance Company, and does not offer tax or legal advice.

We have associates who are licensed/registered to offer life insurance and securities in our resident state of New Jersey, along with various other states.  For additional licensing information please feel free to contact us at (973)538-9100. Not an offer of solicitation in any state not properly license/registered.

A1RB-1110-05

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