Should I Borrow From My 401(K) Plan?
- 1 year
- 2 years
- 3 years
- 4 years
- 5 years
- 5 years
- 10 years
- 15 years
- 20 years
- 25 years
- 30 years
- 35 years
If loan is repaid on time you will lose:
$6,732.26
If loan is not repaid, you face additional taxes and a 10 percent penalty. Your loss rises to:
$189,691.45
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