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?

 
   
   
Telhio Credit Union
Phone: (614) 221-3233 Option 6, Option 2 • Fax: (614) 222-6949
www.Telhio.pfyfn.com • Send A Secure E-Mail

Products and services offered through CUSO Financial Services, L.P. (CFS), an independent broker/dealer, are not NCUA/NCUSIF Insured, not credit union guaranteed, and may lose value. Financial Representatives are employees of Telhio Credit Union and registered through CFS (member FINRA/SIPC), and SEC Registered Investment Advisor.  For specific tax advice, consult a qualified tax professional.