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?

 
   
   
Jon Postyn MBA, ChFC, CASL
1600 Stewart Avenue, Suite 701 • Westbury, NY • 11590-6696
Phone: 516-222-5074 • Fax: 516-222-5040
• jpostyn@jhnetwork.com

1600 Stewart Ave. , Suite#701 - Westbury, NY 11590 - 516-222-5000

We are licensed to sell Insurance Products in the following states:
Connecticut, Florida, New Jersey, New York.

We are registered to sell Securities in the following states:
Connecticut, Florida, New Jersey, New York.

Offering John Hancock insurance products.
Securities and Investment Advisory Services offered through Signator Investors, Inc.,
Member FINRA, SIPC, a Registered Investment Advisor.

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