Principal Borrowed:
$0.00
Total Interest:
$0.00
Total Amount Owed:
$0.00
Net Death Benefit Impact:
-$0.00
Year-by-Year Breakdown
Important: If unpaid at death, the loan balance plus accrued interest will be deducted from your policy’s death benefit. Interest continues to compound until the loan is repaid or the policy terminates.
How to Use Life Insurance Loan Interest Calculator
- Provide the loan value and interest percentage from your policy
- Choose the timeframe and interest calculation method used by your insurer
- The calculator displays total interest accumulation and death benefit reduction