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
0.67%

About our rates

About this index

Overnight Averages

Product	Rate	+/-	Last week
30 yr fixed	3.77%		3.60%
15 yr fixed	2.88%		2.74%
5/1 ARM	2.66%		2.54%

View rates in your area:

Product	Rate	+/-	Last week
30K HELOC	5.19%		5.21%
30K Home Equity Loan	6.09%		6.11%
50K HELOC	4.76%		4.76%

View rates in your area:

Product	Rate	+/-	Last week
48 Mo Used Car	2.92%		2.93%
48 Mo New Car	2.45%		2.45%
36 Mo Used Car	2.88%		2.88%

View rates in your area:

Product	Yield	+/-	Last week
6 Mo CD	0.45%		0.41%
1 Yr CD	0.67%		0.62%
5 Yr CD	1.24%		1.22%

Compare rates:

Product	Rate
Low Interest Cards	11.01%
Balance Transfer Cards	15.92%
All Variable	15.24%

Compare rates:

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