Verity Credit Union - Loan Payoff : Calculator: 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?

Investment products and services offered through CUSO Financial Services, L.P. (CFS) are not NCUA/NCUSIF insured, not credit union guaranteed, and may lose value. Investment Representatives are employed by Verity Credit Union and registered through CFS. Verity Credit Union is in partnership with CFS (member FINRA/SIPC).