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? 10%15%25%28%33%35%

IMPORTANT CONSUMER INFORMATION

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