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?

 
   
   
Bob Aamodt, Inc.
630 North Main Street • Farmington, UT • 84025
Phone: 801.447.4200 • Fax: 801.447.4201
• bob@bobaamodt.com

Securities offered through KCG Securities, LLC. Member FINRA/SIPC. Member MSRB.

Investment Advisory Services offered through Knox Capital Advisors LLC. Fixed Insurance offered through Knox Capital Insurance LLC. Both companies are independently owned and operated.


Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.