Chart of Monthly Payment Amounts


To help you understand the implications of a student loan, we are providing a chart of the monthly payment amounts for various loan totals. In addition, you will find a repayment calculator at the following fin aid site.

Actual repayment schedules are often more complex. This is a very general guide only!

The chart is based on assumptions which reflect a typical student loan, but they may vary from the actual terms of your promissory note.

Assumptions:

  • The repayment period is 10 years, except where minimum payment rules (see promissory note) modify the time of repayment.
  • The interest rate is set at 5% per year, which is a common rate for campus-based loans.

Chart of Monthly Payment Amounts (by total amount borrowed):

If your loan amount

is not less than: and is not greater than: then your Monthly Payment is:
.003,771.2540.00
3,771.264,242.6645.00
4,242.674,714.0650.00
4,714.075,185.4755.00
5,185.485,656.8860.00
5,656.896,128.2865.00
6,128.296,599.6970.00
6,599.707,071.1075.00
7,071.117,542.5080.00
7,542.518,013.9185.00
8,013.928,485.3290.00
8,485.338,956.7295.00
8,956.739,428.13100.00
9,428.149,899.54105.00
9,899.5510,370.95110.00
10,370.9610,842.35115.00
10,842.3611,313.76120.00
11,313.7711,785.17125.00
11,785.1812,256.57130.00
12,256.5812,727.98135.00
12,727.9913,199.39140.00
13,199.4013,670.79145.00
13,670.8014,142.20150.00
14,142.2114,613.61155.00
14,613.6215,085.01160.00
15,085.0215,556.42165.00
15,556.4316,027.83170.00
16,027.8416,499.23175.00
16,499.2416,970.64180.00
16,970.6517,442.05185.00
17,442.0617,913.45190.00
17,913.4618,384.86195.00
18,384.8718,856.27200.00
18,856.2819,327.67205.00
19,327.6819,799.08210.00
19,799.0920,270.49215.00
20,270.5020,741.90220.00
20,741.9121,213.30225.00
21,213.3121,684.71230.00
21,684.7222,156.12235.00
22,156.1322,627.52240.00
22,627.5323,098.93245.00
23,098.9423,570.34250.00
23,570.3524,041.74255.00
24,041.7524,513.15260.00
24,513.1624,984.56265.00
24,984.5725,455.96270.00
25,455.9725,927.37275.00
25,927.3826,398.78280.00
26,398.7926,870.18285.00
26,870.1927,341.59290.00
27,341.6027,813.00295.00
27,813.0128,284.40300.00
28,284.4128,755.81305.00
28,755.8229,227.22310.00
29,227.2329,698.62315.00
29,698.6330,170.03320.00
30,170.0430,641.44325.00
30,641.4531,112.84330.00
31,112.8531,584.25335.00
31,584.2632,055.66340.00
32,055.6732,527.07345.00
32,527.0832,998.47350.00
32,998.4833,469.88355.00
33,469.8933,941.29360.00
33,941.3034,412.69365.00
34,412.7034,884.10370.00
34,884.1135,355.51375.00
35,355.5235,826.91380.00
35,826.9236,298.32385.00
36,298.3336,769.73390.00
36,769.7437,241.13395.00
37,241.1437,712.54400.00
37,712.5538,183.95405.00
38,183.9638,655.35410.00
38,655.3639,126.76415.00
39,126.7739,598.17420.00
39,598.1840,069.57425.00
40,069.5840,540.98430.00
40,540.9941,012.39435.00
41,012.4041,483.79440.00
41,483.8041,955.20445.00
41,955.2142,426.61450.00
42,426.6242,898.02455.00
42,898.0343,369.42460.00
43,369.4343,840.83465.00
43,840.8444,312.24470.00
44,312.2544,783.64475.00
44,783.6545,255.05480.00
45,255.0645,726.46485.00
45,726.4746,197.86490.00
46,197.8746,669.27495.00
46,669.2847,140.68500.00
47,140.6947,612.08505.00
47,612.0948,083.49510.00
48,083.5048,554.90515.00
48,554.9149,026.30520.00
49,026.3149,497.71525.00
49,497.7249,969.12530.00
49,969.1350,440.52535.00
50,440.5350,911.93540.00
50,911.9451,383.34545.00
51,383.3551,854.74550.00
51,854.7552,326.15555.00
52,326.1652,797.56560.00
52,797.5753,268.97565.00
53,268.9853,740.37570.00
53,740.3854,211.78575.00
54,211.7954,683.19580.00
54,683.2055,154.59585.00
55,154.6055,626.00590.00
55,626.0156,097.41595.00
56,097.4256,568.81600.00
56,568.8257,040.22605.00
57,040.2357,511.63610.00
57,511.6457,983.03615.00
57,983.0458,454.44620.00
58,454.4558,925.85625.00
58,925.8659,397.25630.00
59,397.2659,868.66635.00
59,868.6760,340.07640.00
60,340.0860,811.47645.00
60,811.4861,282.88650.00
61,282.8961,754.29655.00
61,754.3062,225.69660.00
62,225.7062,697.10665.00
62,697.1163,168.51670.00
63,168.5263,639.91675.00
63,639.9264,111.32680.00
64,111.3364,582.73685.00
64,582.7465,054.14690.00
65,054.1565,525.54695.00
65,525.5565,996.95700.00
65,996.9666,468.36705.00
66,468.3766,939.76710.00
66,939.7767,411.17715.00
67,411.1867,882.58720.00
67,882.5968,353.98725.00
68,353.9968,825.39730.00
68,825.4069,296.80735.00
69,296.8169,768.20740.00
69,768.2170,239.61745.00
70,239.6270,711.02750.00
70,711.0371,182.42755.00
71,182.4371,653.83760.00
71,653.8472,125.24765.00
72,125.2572,596.64770.00
72,596.6573,068.05775.00
73,068.0673,539.46780.00
73,539.4774,010.86785.00
74,010.8774,482.27790.00
74,482.2874,953.68795.00
74,953.6975,425.09800.00
75,425.1075,896.49805.00
75,896.5076,367.90810.00
76,367.9176,839.31815.00
76,839.3277,310.71820.00
77,310.7277,782.12825.00
77,782.1378,253.53830.00
78,253.5478,724.93835.00
78,724.9479,196.34840.00
79,196.3579,667.75845.00
79,667.7680,139.15850.00
80,139.1680,610.56855.00
80,610.5781,081.97860.00
81,081.9881,553.37865.00
81,553.3882,024.78870.00
82,024.7982,496.19875.00
82,496.2082,967.59880.00
82,967.6083,439.00885.00
83,439.0183,910.41890.00
83,910.4284,381.81895.00
84,381.8284,853.22900.00
84,853.2385,324.63905.00
85,324.6485,796.03910.00
85,796.0486,267.44915.00
86,267.4586,738.85920.00
86,738.8687,210.26925.00
87,210.2787,681.66930.00
87,681.6788,153.07935.00
88,153.0888,624.48940.00
88,624.4989,095.88945.00
89,095.8989,567.29950.00
89,567.3090,038.70955.00
90,038.7190,510.10960.00
90,510.1190,981.51965.00
90,981.5291,452.92970.00
91,452.9391,924.32975.00
91,924.3392,395.73980.00
92,395.7492,867.14985.00
92,867.1593,338.54990.00
93,338.5593,809.95995.00
93,809.9694,281.361,000.00