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?

 
   
   
Spectrum Financial Incorporated
1375 Lenoir Rhyne Blvd. SE, Suite 101 • Hickory, NC • 28602
Phone: 828-328-9551 • Fax: 828-328-2871
• spectrum@spectrum-financial-inc.com

Securities Offered Through Securities America Inc., Member FINRA-SIPC.  Advisory services offered through Securities America Advisors, Inc. 
Spectrum Financial Inc. and the Securities America companies are unaffiliated.
Licensed to sell Securities in NC, SC, TN, VA, GA, FL, MA, CO and OH.