401k Loan Payment Calculator - - To get a ballpark of what your monthly 401k loan payments would be, try this loan payment calculator . The interest for your Self-Employed 401k is set at the prime rate at the time that the loan is taken. Contact us to obtain the updated loan rate. Loan repayment period is up to 5 yrs for general use, or up to10 yrs if used to purchase a primary residence
Debt Consolidation? - Should
you borrow from your 401k to consolidate your debts (i.e. high interest
credit cards)? The link to this debt
consolidation calculator will help you compare your current
monthly debt payments with what your payments might be with a consolidated
loan.
401k Loan vs. Home Equity Loan? - Should you borrow from your 401k or take out
a home equity or other type of loan? The link to this loan
comparison calculator can help you decide which loan may work
best for you.
Top of Page
This information is not intended to be tax advice.
You should consult your tax advisor regarding your individual situation.
Investment products offered may lose value, have no bank guarantee.
Please read the prospectus and plan documents carefully before you
invest or send money.
© 2003 Lamaute Capital, Inc. Member NASD/SIPC |
