401k Loan Calculator

How to Borrow Responsibly from Your Retirement Savings

Taking a loan from your 401(k) can seem like an attractive option when you need quick access to cash. After all, you're borrowing from yourself, often at lower interest rates than other loans. But there are crucial details you need to understand before tapping into your retirement savings. This comprehensive guide will help you understand how 401(k) loans work, how to calculate their true cost, and what alternatives you might want to consider.

401k Loan Calculator

Estimate your 401k loan payments and impact on retirement savings

Results