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?

 
   
   
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Metropolitan Life Insurance Company (MLIC), New York, NY 10166. Securities products and investment advisory services
offered by MetLife Securities, Inc. (MSI) (member FINRA/SIPC) and a registered investment adviser, New York, NY 10166.
MLIC and MSI are affiliates. MetLife Resources is a division of Metropolitan Life Insurance Company.
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