In most cases, the interest paid on an equity loan may be tax deductible. Find out how much you can save on interest by using an equity loan instead of a regular loan.
  Amount:
$
  Annual Percentage Rate:
Term:
Marginal Tax Bracket:
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  Monthly Payment:
$
Regular Loan Interest Charge:
$
Equity Loan Interest Charge:
$
Equity Loan Tax Deferred Interest Savings:
$
  The result of this calculation is a hypothetical projection only. Interactive calculators are made available as self-help and educational tools and should not be relied on to determine the actual amount you can save on interest by using an equity loan. We encourage you to seek personalized advice from your Whitney Banker or other qualified professional regarding personal finance issues.
 

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