LOAN REPAYMENT CHART

Borrowers are better off when they borrow conservatively, budget wisely, and plan ahead to repay their student loans. Knowing the monthly payments for the amount you borrow is a great start. As you plan your financial future, use this chart to determine your loan repayment obligations.

FEDERAL STAFFORD LOANS (SUBSIDIZED AND UNSUBSIDIZED)
FEDERAL SUPPLEMENTAL LOANS AND FEDERAL PLUS LOANS
FEDERAL PERKINS LOAN
6.80%
8.25%
9.00%
5.00%
AMOUNT
BORROWED
# OF PAYMENTS
PAYMENT
TOTAL
INTEREST
PAYMENT
TOTAL
INTEREST
PAYMENT
TOTAL
INTEREST
# OF PAYMENTS
PAYMENT
TOTAL
INTEREST
$2,000
46
$50
$271
$51
$340
$52
$372
46
$47
$202
$2,625
63
$50
$495
$51
$618
$52
$678
-
-
-
$3,000
76
$50
$672
$50
$874
$52
$947
76
$46
$506
$4,000
108
$50
$1,332
$50
$1,817
$52
$1,964
114
$44
$1,033
$5,000
120
$57
$1,905
$61
$2,359
$63
$2,601
120
$53
$1,364
$6,000
120
$69
$2,286
$74
$2,736
$76
$3,121
120
$64
$1,637
$7,000
120
$81
$2,667
$86
$3,303
$89
$3,641
120
$74
$1,910
$8,000
120
$92
$3,048
$98
$3,774
$101
$4,161
120
$85
$2,182
$9,000
120
$104
$3,429
$110
$4,247
$114
$4,681
120
$95
$2,455
$10,000
120
$115
$3,810
$123
$4,718
$127
$5,201
120
$106
$2,728
$12,000
120
$138
$4,572
$147
$5,662
$152
$6,241
120
$127
$3,273
$14,000
120
$161
$5,334
$172
$6,605
$177
$7,282
120
$148
$3,819
$16,000
120
$184
$6,095
$196
$7,549
$207
$8,322
120
$170
$4,365
$18,000
120
$207
$6,857
$220
$8,492
$228
$9,362
120
$191
$4,910
$20,000
120
$230
$7,619
$245
$9,437
$253
$10,402
120
$212
$5,456
$25,000
120
$288
$9,524
$307
$11,796
$317
$13,003
120
$265
$6,820
$30,000
120
$345
$11,429
$368
$14,155
$380
$15,604
120
$318
$8,183
$35,000
120
$403
$13,334
$429
$16,514
$443
$18,204
-
-
-
$40,000
120
$460
$15,239
$491
$18,873
$507
$20,804
-
-
-
$45,000
120
$518
$17,143
$522
$21,233
$570
$23,405
-
-
-
$50,000
120
$575
$19,048
$613
$23,591
$633
$26,005
-
-
-
$55,000
120
$633
$20,953
$675
$25,951
$697
$28,606
-
-
-
$60,000
120
$690
$22,858
$736
$28,310
$760
$31,206
-
-
-


These numbers are accurate to the nearest dollar and based on a standard repayment plan. For more detailed information about your loan, talk to your lender or current holder of your loan.

Up to June 30, 2006 the interest rate on new Stafford loans is variable, with a cap of 8.25%. As of July 1, 2006 the interest rate on new Stafford Loans will be fixed at 6.8 percent.