Estimated Tax Savings

Enter the borrowed amount of your home loan:
Enter your repayment term in months: 5yr=60 months, 10yr=120 months, 15yr=180, 20yr=240, 30yr=360	months
Enter the quoted loan rate (APR):	%

Enter your current Income Tax Bracket: Tax Brackets: 15% 25% 28% 33% 35% 39.6% IRS Tax Rate Schedules (Tax Bracket) PDF file	%
	^*
Monthly Mortgage Payment:

Total Amount Paid:
Potential Tax Savings*
Net Annual Amount Paid*
Estimated Effective Interest Rate*	%


	* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. Your actual mortgage lending rate may vary depending on your credit quality and lender. The circumstances surrounding your credit and loan qualifications may result in different calculations.