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?

 
   
   
Berman McAleer, Inc.
9690 Deereco Road, Suite 800 Timonium, MD 21093
Phone: (410) 560-9960 Fax: (410) 560-7992
sgranger@BMCplanning.com

Berman McAleer 9690 Deereco Road, #800, Timonium, MD 21093
Phone: 888-205-9960 Fax: 410-560-7992 Email:
sgranger@BMCplanning.com

 Securities offered through Registered Representatives of NFP Securities, Inc. (NFPSI), Member FINRA/SIPC.  Investment Advisory Services offered through Investment Advisory Representatives of NFPSI. Berman McAleer is a member of PartnersFinancial, an affiliate of NFPSI. Berman McAleer and NFPSI are not affiliated.

This site is published for residents of the United States only. Registered Representatives and Investment Advisor Representatives of NFPSI may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all of the products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact the NFPSI Compliance Department at 512-697-6000.