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(800) BANK-EAGLE
Everett, MA
 
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Debt Consolidation Calculator
(Home Equity Loan)
This calculator will show you how consolidating your high interest debt into one lower interest loan can reduce your monthly payments and provide you with income tax savings at the same time.

Enter each one of the debts that you would like to pay off, along with their corresponding principal balances, interest rates, and monthly payment amounts. Once you have all your debts entered, make any desired changes to the "New Loan Information" default entries and then click on the "Calculate New" button.

Payment
Description		 Principal
Balance		 Interest
Rate		 Payment
Amount		 Payments
Left		 Interest
Left
Totals >>>
New Loan Information
Need Additional
Cash? If So
Enter Amount Here		 Interest
Rate		 Number
of Years		 Estimated
Closing Costs		 Fed & St.
Tax Rate
%
%
Results Current New Loan
Total Principal Balance:
Effective Rate Before Taxes: % %
Effective Rate After Taxes: % %
Total of Monthly Payments:
Monthly Tax Savings:
Monthly Payment Reduction:
Total Monthly Savings:
The figures entered into this calculator are for hypothetical purposes only. The results provided by this calculator are intended for illustrative purposes only and accuracy is not guaranteed. This calculator is not intended to offer any tax, legal, financial or investment advice and does not assure the availability of or your eligibility for any specific product offered by Eagle Bank.
     
 
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