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?

 
   
   
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116 South Main Street, Suite C • Tipton, IN • 46072
Phone: (765) 675-8030 • Fax: (765) 675-9405
• mmcneal@mcnealcpa.com

 *Max K. McNeal is a registered representative and is advisory licensed registered to transact business with clients in Indiana, Florida, and Georgia.  Max K. McNeal is also an insurance agent licensed in Indiana.  If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet.  Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory Services SM, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000. 

Investments & Insurance Prodeucts: Are not insured by the FDIC or any federal government agency. Are not deposits of or guaranteed by the bank or any bank affiliate. May lose value.

McNeal & Company, CPAs is not a registered broker/dealer or independent investment advisory firm.