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?

 
   
   
Jim Stephan, www.jimstephan.com
James E. Stephan
Financial Advisor, Securities America Advisors, Inc.
Registered Representative, Securities America, Inc. Member FINRA/SIPC
Business Park West, 3334 19th Street NW, Suite #201
Rochester, MN 55901
Phone: 507-287-6160
Toll-free 1-888-287-6160		 • Fax: 1-888-800-9815
• jim@jimstephan.com

 Email Jim for Your Retirement Solutions Today! 

Jim@JimStephan.com

James Stephan is a Financial Advisor of Securities America Advisors, Inc., offering advisory services through Securities America Advisors, Inc. James Stephan is also a Registered Representative of Securities America, Inc. Member FINRA/SIPC, offering securities through Securities America, Inc.  Securities America and its representatives do not offer estate planning, tax or legal advice: these services are offered in conjunction with a qualified professional. Information provided herein is a summary of our understanding of the current estate law, is not exhaustive, is subject to change and should not be used or relied on for investment or legal advice. Please note that EverBank and Securities America, Inc. are not affiliated entities and that non-banking investments offered by Jim Stephan thorugh Securities America, Inc. are not FDIC insured, not guaranteed by a bank, and can lose value. EverBank Money Market saving and checking bank programs are FDIC insured as offered to you by Jim Stephan of Securities America.