Retirement loan calculator -- Should I borrow from my 401(k) plan?

Should I borrow from my 401(k) plan?

How much do you want to borrow from your 401(k) plan?	$
What rate of return do you expect to earn from your 401(k) investments?		%
What interest rate will you pay on your loan?		%
How long will you take to pay back the loan?		years
How many years will it be until you retire?		years


If loan is repaid on time you will lose:	$
If loan is not repaid, you face additional taxes and a 10 percent penalty. Your loss rises to:	$

Compare CDs & Investment Rates

1 Yr CD average
0.62%

About our rates

About this index

CDs Overnight Averages

Product	Yield	+/-	Last week
6 month CD	0.41%		0.45%
1 yr CD	0.62%		0.67%
5 yr CD	1.23%		1.24%
1 yr jumbo CD	0.65%		0.64%

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