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?

 
   
   
New England Schooner, Inc.
3 Centennial Drive • Peabody, MA • 01960
Phone: (978)977-4757 • Fax: (978)977-4764
Toll Free: 800-448-4757
• rjacques@neschooner.com
3 Centennial Drive, Peabody, MA 01960 | Phone (978) 977-4757 | Fax (978) 977-4764 | Toll Free: 800-448-4757

SECURITIES OFFERED THROUGH ROYAL ALLIANCE ASSOCIATES, INC. MEMBER FINRA/SIPC
ADVISORY SERVICES OFFERED THROUGH NEW ENGLAND SCHOONER, INC., A REGISTERED INVESTMENT ADVISOR

Presented to 7% of wealth managers with five years of experience in the financial services industry. The final list identifies the wealth managers, of those evaluated, in the local market that score highest in client satisfaction. Each wealth manager was reviewed for regulatory actions, civil judicial actions and customer complaints. Details of the award can be viewed at www.fivestarprofessional.com/wmresearch. Third-party rankings and recognitions from rating services or publications are no guarantee of future investment success. Working with a highly rated advisor does not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor of any client nor are they representative of any one client's evaluation.