Borrowing Strategy

The Borrowing Strategy calculator illustrates the principles of banking borrowing and repayment with varying interest rates and strategies.  Your clients will benefit from a thorough analysis of their loan and payment options in order to make decisions that help their money work HARDER for them. For example: How could alternative funding sources for big-ticket items enable one to be more effective with their money than if they borrowed from a commercial bank?   Answer: A life insurance policy with a loan rate of 6% (and an optional direct recognition reduction of 1%) with a market loan rate of 10% shown paying the policy loan back at the full 10% rather than paying the alternate market source at 10% would create more wealth in the policy than the policy by itself without the loan.