Loan & Credit Line Tax Calculator

Easy-to-Use Tools for Planning Your Finances

Kennebec Savings Bank has convenient financial calculators available to help you plan for your needs, achieve your goals, and realize your dreams.

Please note: these calculators are designed for illustrative purposes only. They should not be considered legal, tax, or financial advice.

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Loan & Credit Line Tax Savings

This calculator helps determine your tax savings on loans or credit lines with tax-deductible interest payments. For a loan payment, select fixed term loan. For a line payment, you can choose 2%, 1.5% or 1% of the outstanding balance or interest only.

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For more information about these financial calculators please visit: Dinkytown.net Financial Calculators from KJE Computer Solutions, Inc.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.