MEETING COLLEGE EXPENSES:
A Guide for Seeking
Financial Assistance
Table I: Approximate Monthly Student Loan
Payments
(Monthly payment by interest rate)
Table I: Approximate Monthly Student Loan Payments * |
|||||
Amount |
5.0 % |
8.25 % |
9.0 % |
10.0 % |
|
$ 1,000 |
$ 50 |
$ 51 |
$ 52 |
$ 52 |
|
$ 2,000 |
$ 47 |
$ 51 |
$ 52 |
$ 53 |
|
$ 3,000 |
$ 46 |
$ 50 |
$ 52 |
$ 53 |
|
$ 4,000 |
$ 44 |
$ 50 |
$ 52 |
$ 54 |
|
$ 5,000 |
$ 53 |
$ 61 |
$ 63 |
$ 66 |
|
$ 10,000 |
$ 106 |
$ 123 |
$ 127 |
$ 132 |
|
$ 15,000 |
$ 159 |
$ 187 |
$ 190 |
$ 198 |
|
$ 20,000 |
$ 212 |
$ 245 |
$ 253 |
$ 264 |
|
$ 25,000 |
$ 265 |
$ 307 |
$ 317 |
$ 330 |
|
$ 30,000 |
$ 318 |
$ 367 |
$ 380 |
$ 396 |
|
$ 35,000 |
$ 371 |
$ 429 |
$ 443 |
$ 463 |
|
$ 40,000 |
$ 424 |
$ 490 |
$ 506 |
$ 528 |
|
$ 45,000 |
$ 477 |
$ 552 |
$ 570 |
$ 595 |
|
$ 50,000 |
$ 530 |
$ 613 |
$ 633 |
$ 660 |
|
$ 55,000 |
$ 583 |
$ 675 |
$ 697 |
$ 727 |
|
$ 60,000 |
$ 636 |
$ 735 |
$ 760 |
$ 792 |
|
$ 65,000 |
$ 689 |
$ 797 |
$ 823 |
$ 859 |
|
$ 70,000 |
$ 742 |
$ 858 |
$ 886 |
$ 925 |
|
$ 75,000 |
$ 795 |
$ 919 |
$ 950 |
$ 991 |
|
* Monthly payment amounts are based on a repayment period of 10 years (120 months)
|
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Table B |
Tables C |
|
Tables D and E |
Table F, G, and H |
Table J |
Budgetary Tables Master Directory |
FA Guide End |
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