Estimated Tax Savings

Enter the borrowed amount of your equity loan: $
Enter your repayment term in months: months

Enter the quoted rate (APR) for your home equity loan:


Enter your current Income Tax Bracket:

Tax Brackets:

IRS Tax Rate Schedules (Tax Bracket) PDF file

Monthly Mortgage Payment: $
After Year 1
Total Amount Paid: $
Potential Tax Savings* $
Net Annual Amount Paid* $
Estimated Effective Interest Rate* %