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 Rates

About our rates

About this index

Overnight Averages

Product	Rate	+/-	Last week
30 yr fixed	3.94%		4.03%
15 yr fixed	3.07%		3.18%
5/1 ARM	2.82%		2.79%

View rates in your area:

Product	Rate	+/-	Last week
30K HELOC	5.17%		5.21%
30K Home Equity Loan	5.98%		6.11%
50K HELOC	4.71%		4.73%

View rates in your area:

Product	Rate	+/-	Last week
48 Mo Used Car	2.70%		2.70%
48 Mo New Car	2.51%		2.58%
36 Mo Used Car	2.77%		2.76%

View rates in your area:

Product	Yield	+/-	Last week
6 Mo CD	0.41%		0.45%
1 Yr CD	0.62%		0.67%
5 Yr CD	1.23%		1.24%

Compare rates:

Product	Rate
Low Interest Cards	10.93%
Balance Transfer Cards	15.99%
All Variable	15.25%

Compare rates:

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