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?

 
   
   
Machtig & Associates
Bloomington, MN Office
5270 West 84th St. Suite #310
Bloomington, MN 55437

Sandestin, FL Office
8969 Heron Walk Drive
Sandestin, FL 32550
Phone: 952-831-8243
Toll Free: 1-800-548-1820
 • Fax: 952-831-5563
www.brettmachtig.com • bmachtig@investorscapital.com
Securities offered through Investors Capital Corporation 800-949-1422 member FINRA/SIPC.
Advisory Services offered through Machtig Advisory Services, LLC., 5270 W. 84th Street, Suite 310, Bloomington, MN 55437, 952-831-8243, an
Independent Registered Investment Advisor, not affiliated with Investors Capital Corporation.

Brett Machtig and/or other advisors at Machtig & Associates are securities licensed in the following states: AL, CA, CO, CT, FL, GA, IA, ID, IL, IN, KS, LA, MA, MD, MI, MN, MO, NJ, NM, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI. Brett Machtig and/or other advisors are insurance licensed in the following states: CA, CO, CT, FL, GA, IA, IL, KS, LA, MA, MI, MN, MO, NJ, NM, NY, OH, OR, RI, SC, TN, TX, UT, VA.