What does a loan cost?

What will your student loan cost with a standard 10-year repayment plan?

Use this chart as a quick reference when planning your college loan needs and budgeting future payments. For more specific amounts, use our handy College Loan Calculator.

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		Stafford Loan Subsidized	Current Rate: 5.60%	Stafford Loan Unsubsidized	Current Rate: 6.80%	Federal PLUS Loan	Current Rate: 8.50%
Loan Amount	# payments	Monthly Payment	Total Interest Paid	Monthly Payment	Total Interest Paid	Monthly Payment	Total Interest
$2,000	(varies)	(45) $50	$219	(46) $50	$275	(48) $50	$360
$2,625	(varies)	(61) $50	$393	(63) $50	$500	(66) $50	$669
$3,000	(varies)	(71) $50	$528	(74) $50	$677	(79) $50	$920
$4,000	(varies)	(101) $50	$1,019	(107) $50	$1,344	(119) $50	$1,924
$5,000	120	$55	$1,541	$58	$1,905	$62	$2,439
$6,000	120	$65	$1,850	$69	$2,286	$74	$2,927
$7,000	120	$76	$2,158	$81	$2,667	$87	$3,415
$8,000	120	$87	$2,466	$92	$3,048	$99	$3,903
$9,000	120	$98	$2,774	$104	$3,429	$112	$4,390
$10,000	120	$109	$3,083	$115	$3,810	$124	$4,878
$12,000	120	$131	$3,699	$138	$4,571	$149	$5,854
$14,000	120	$153	$4,316	$161	$5,334	$174	$6,830
$16,000	120	$174	$4,932	$184	$6,095	$198	$7,805
$18,000	120	$196	$5,549	$207	$6,858	$223	$8,781
$20,000	120	$218	$6,166	$230	$7,619	$248	$9,757
$25,000	120	$273	$7,707	$288	$9,524	$310	$12,196
$30,000	120	$327	$9,248	$345	$11,429	$372	$14,635
$35,000	120	$382	$10,789	$403	$13,334	$434	$17,074
$40,000	120	$436	$12,331	$460	$15,239	$496	$19,513
$45,000	120	$491	$13,872	$518	$17,143	$558	$21,952
$50,000	120	$545	$15,414	$575	$19,048	$620	$24,391
$75,000	120	$818	$23,120	$863	$28,572	$930	$36,587
$100,000	120	$1,090	$30,827	$1,151	$38,097	$1,240	$48,783
$125,000	120	$1,363	$38,534	$1,439	$47,621	$1,550	$60,979
$138,500	120	$1,510	$42,695	$1,594	$52,764	$1,717	$67,564
$150,000	120	$1,635	$46,240	$1,726	$57,145	$1,860	$73,174
$175,000	120	$1,908	$53,947	$2,014	$66,669	$2,170	$85,370
$200,000	120	$2,180	$61,654	$2,302	$76,193	$2,480	$97,566
$224,000	120	$2,442	$69,052	$2,578	$85,336	$2,777	$109,274

Figures are rounded to the nearest dollar. Final payment may be lower than calculated monthly payment.

All Federal Unsubsidized Stafford and PLUS loans that are first disbursed on or after July 1, 2006, have a fixed interest rate of 6.8 percent and 8.5 percent, respectively, for the life of the loan. All Federal Subsidized Stafford loans that are first disbursed on or after July 1, 2009, have a fixed interest rate of 5.6 percent for the life of the loan.