Federal Student Loan Repayment Estimator
4.29%
Balance at
Repayment
5.84%
Direct Loan Rate – Undergraduate
Payment
Months
Interest
6.84%
Direct Loan Rate – Graduate Students
Payment
Months
Interest
Direct PLUS Rate
Payment
Months
8.25%
Interest
9.5%
10.5%
Maximum Direct Loan Rate – Undergraduate Maximum Direct Loan Rate – Graduate Students
Payment
Months
Interest
Payment
Months
Interest
$1,000
$50
21
$39
$50
22
$55
$50
22
$65
$50
22
$80
$50
22
$2,000
$50
44
$162
$50
45
$230
$50
46
$276
$50
47
$347
$50
$3,000
$50
69
$383
$50
72
$556
$50
74
$682
$50
78
$882
$50
$4,000
$50
95
$720
$50
102
$1,080
$50
108
$1,356
$50
117
$1,827
$6,000
$62
120
$1,389
$66
120
$1,936
$69
120
$2,301
$74
120
$8,000
$82
120
$1,852
$88
120
$2,581
$92
120
$3,067
$98
$10,000
$103
120
$2,315
$110
120
$3,226
$115
120
$3,834
$20,000
$205
120
$4,631
$220
120
$6,452
$231
120
$30,000
$308
120
$6,946
$331
120
$9,679
$40,000
$411
120
$9,262
$441
$50,000
$513
120 $11,577
$60,000
$616
120 $13,893
Maximum Direct PLUS Rate
Payment
Months
Interest
$93
$50
23
49
$414
$50
50
$472
82
$1,086
$50
86
$1,273
$52
120
$2,211
$54
120
$2,477
$2,831
$78
120
$3,317
$81
120
$3,715
120
$3,775
$104
120
$4,422
$108
120
$4,954
$123
120
$4,718
$129
120
$5,528
$135
120
$6,192
$7,669
$245
120
$9,437
$259
120 $11,055
$270
120 $12,384
$346
120 $11,503
$368
120 $14,155
$388
120 $16,583
$405
120 $18,577
120 $12,905
$461
120 $15,337
$491
120 $18,873
$518
120 $22,111
$540
120 $24,769
$551
120 $16,131
$576
120 $19,171
$613
120 $23,592
$647
120 $27,639
$675
120 $30,961
$661
120 $19,357
$692
120 $23,006
$736
120 $28,310
$776
120 $33,166
$810
120 $37,153
This table provides repayment estimates — including
monthly payment, number of payments and total interest
costs — for Direct Subsidized, Unsubsidized and PLUS
loans. Estimates are based on the current interest rates for
loans with a first disbursement between July 1, 2015, and
June 30, 2016, including Direct Subsidized and Unsubsidized
loans to undergraduates (4.29%), Direct Unsubsidized loans
to graduate and professional students (5.84%) and Direct
PLUS loans (6.84%). Direct Subsidized loans are available
only to undergraduates. Direct Unsubsidized loans are
available to both undergraduates and graduate students.
Estimates also are provided for the maximum interest rates
permitted by law on Direct Subsidized and Unsubsidized
loans to undergraduates (8.25%), Direct Unsubsidized loans
to graduate and professional students (9.5%) and Direct
PLUS loans (10.5%).
The table is based on these assumptions:
u
u
u
u
Figures are based on the standard repayment
option — equal monthly installments over a
period of up to 120 months.
Because the minimum monthly payment
required under a standard repayment plan is
$50, certain loan balances will be repaid in less
than 120 months.
Payments and interest amounts are rounded
to the nearest dollar.
These figures are designed as estimates to
provide you with a general idea of payments
and total interest costs. Your actual payment
and interest amounts may vary from
these figures.
u
u
$104
Although repayment examples are provided
for loan balances up to $220,000, annual
and aggregate limits on Direct Subsidized and
Unsubsidized loans restrict the amounts
students may borrow.
To estimate payments and total interest
costs for other loan balances, interest rates
and other repayment options, use the
student loan Repayment Estimator
at studentloans.gov.
Federal Student Loan Repayment Estimator
4.29%
Balance at
Repayment
Direct Loan Rate – Undergraduate
Payment
Months
Interest
5.84%
Direct Loan Rate – Graduate Students
Payment
Months
Interest
$75,000
$770
120 $17,366
$827
120 $24,197
$80,000
$821
120 $18,524
$882
$90,000
$924
120 $20,839
$992
$100,000
$1,026
120 $23,155
$110,000
$1,129
$120,000
6.84%
Direct PLUS Rate
Payment
Months
8.25%
Interest
$865
120 $28,757
120 $25,810
$922
120 $29,036
$1,038
$1,102
120 $32,262
120 $25,470
$1,212
$1,232
120 $27,786
$130,000
$1,334
$140,000
9.5%
Maximum Direct Loan Rate – Undergraduate Maximum Direct Loan Rate – Graduate Students
Payment
Months
Interest
Payment
Months
Interest
10.5%
Maximum Direct PLUS Rate
Payment
Months
Interest
120 $35,387
$970
120 $41,458
$1,012
120 $46,441
120 $30,674
$981
120 $37,747
$1,035
120 $44,222
$1,079
120 $49,538
120 $34,508
$1,104
120 $42,465
$1,165
120 $49,749
$1,214
120 $55,730
$1,153
120 $38,343
$1,227
120 $47,183
$1,294
120 $55,277
$1,349
120 $61,922
120 $35,489
$1,268
120 $42,177
$1,349
120 $51,901
$1,423
120 $60,805
$1,484
120 $68,114
$1,323
120 $38,715
$1,383
120 $46,011
$1,472
120 $56,620
$1,553
120 $66,332
$1,619
120 $74,306
120 $30,101
$1,433
120 $41,941
$1,499
120 $49,845
$1,594
120 $61,338
$1,682
120 $71,860
$1,754
120 $80,499
$1,437
120 $32,417
$1,543
120 $45,167
$1,614
120 $53,680
$1,717
120 $66,056
$1,812
120 $77,388
$1,889
120 $86,691
$150,000
$1,539
120 $34,732
$1,653
120 $48,394
$1,729
120 $57,514
$1,840
120 $70,775
$1,941
120 $82,916
$2,024
120 $92,883
$160,000
$1,642
120 $37,048
$1,763
120 $51,620
$1,845
120 $61,348
$1,962
120 $75,493
$2,070
120 $88,443
$2,159
120 $99,075
$170,000
$1,745
120 $39,363
$1,874
120 $54,846
$1,960
120 $65,183
$2,085
120 $80,211
$2,200
120 $93,971
$2,294
120 $105,267
$180,000
$1,847
120 $41,679
$1,984
120 $58,072
$2,075
120 $69,017
$2,208
120 $84,930
$2,329
120 $99,499
$2,429
120 $111,460
$190,000
$1,950
120 $43,994
$2,094
120 $61,299
$2,190
120 $72,851
$2,330
120 $89,648
$2,459
120 $105,026
$2,564
120 $117,652
$200,000
$2,053
120 $46,310
$2,204
120 $64,525
$2,306
120 $76,685
$2,453
120 $94,366
$2,588
120 $110,554
$2,699
120 $123,844
$210,000
$2,155
120 $48,625
$2,315
120 $67,751
$2,421
120 $80,520
$2,576
120 $99,085
$2,717
120 $116,082
$2,834
120 $130,036
$220,000
$2,258
120 $50,941
$2,425
120 $70,997
$2,536
120 $84,354
$2,698
120 $103,803
$2,847
120 $121,610
$2,969
120 $136,228
This table provides repayment estimates — including monthly Direct Unsubsidized loans to graduate and professional students
payment, number of payments and total interest costs —
(9.5%) and Direct PLUS loans (10.5%).
for Direct Subsidized, Unsubsidized and PLUS loans. Estimates
The table is based on these assumptions:
are based on the current interest rates for loans with a first
u Figures are based on the standard repayment
disbursement between July 1, 2015, and June 30, 2016,
option — equal monthly installments over a
including Direct Subsidized and Unsubsidized loans to
period of up to 120 months.
undergraduates (4.29%), Direct Unsubsidized loans to graduate
u Because the minimum monthly payment required
and professional students (5.84%) and Direct PLUS loans (6.84%).
Direct Subsidized loans are available only to undergraduates.
under a standard repayment plan is $50, certain loan
Direct Unsubsidized loans are available to both undergraduates
balances will be repaid in less than 120 months.
and graduate students. Estimates also are provided for the
u Payments and interest amounts are rounded
maximum interest rates permitted by law on Direct Subsidized
to the nearest dollar.
and Unsubsidized loans to undergraduates (8.25%),
u
u
u
These figures are designed as estimates to provide
you with a general idea of payments and total interest
costs. Your actual payment and interest amounts may
vary from these figures.
Although repayment examples are provided for
loan balances up to $220,000, annual and aggregate
limits on Direct Subsidized and Unsubsidized loans
restrict the amounts students actually may borrow.
To estimate payments and total interest costs for
other loan balances, interest rates and other
repayment options, use the student loan Repayment
Estimator at studentloans.gov.
DPDM142-1115 © 2015 United Student Aid Funds, Inc. All rights reserved.
$920