SECTION 11: SAMPLE PAYMENT AMOUNTS
Below are two tables that provide examples of monthly and total payment amounts under the Standard, Graduated, and Extended repayment plans. These
figures are estimates, and use an interest rate of 8.25%.Various factors, including your actual interest rate and the amount of your loan debt, may cause your
payment amount to differ from the payment amounts shown in these tables. Your loan holder will provide you with the actual monthly payment amount after
you select a repayment plan.
Table 1. Sample Payment Amounts Under the Standard, Graduated, Extended-Fixed, and Extended-Graduated Plans for Direct and FFEL Subsidized,
Unsubsidized, and PLUS Loans
Standard (10 years)
Graduated (10 years)
Extended - Fixed (25 years)
Extended - Graduated (25 years)
Debt
Minimum
Maximum
Minimum
Maximum
Payment
Total Paid
Total Paid
Payment
Total Paid
Total Paid
Payment
Payment
Payment
Payment
$20,000
$245
$29,437
$144
$431
$32,177
Not Eligible
-
Not Eligible
-
-
$30,000
$368
$44,155
$216
$647
$48,265
Not Eligible
-
Not Eligible
-
-
$40,000
$491
$58,873
$287
$862
$64,353
$315
$94,614
$275
$417
$101,515
$50,000
$613
$73,592
$359
$1,078
$80,442
$394
$118,268
$344
$521
$126,899
$60,000
$736
$88,310
$431
$1,294
$96,530
$473
$141,921
$413
$625
$152,280
$70,000
$859
$103,028
$503
$1,509
$112,618
$552
$165,575
$481
$730
$177,664
$80,000
$981
$117,747
$575
$1,725
$128,706
$631
$189,228
$550
$834
$203,046
$90,000
$1,104
$132,465
$647
$1,940
$144,795
$710
$212,882
$619
$938
$228,427
Accessible Table 1
Table 2. Sample Payment Amounts Under the Standard, Graduated, Extended-Fixed, and Extended-Graduated Plans for Direct and FFEL Consolidation Loans
Standard (10-30 years)
Graduated (10-30 years)
Extended - Fixed (25 yrs.)
Extended - Graduated (25 years)
Maximum
Maximum
Debt
Minimum
Maximum
Minimum
Maximum
Repayment
Payment
Total Paid
Repayment
Total Paid
Payment
Total Paid
Total Paid
Payment
Payment
Payment
Payment
Period
Period
$20,000
20 years
$170
$40,899
20 years
$138
$241
$44,420
Not Eligible
-
Not Eligible
-
-
$30,000
20 years
$256
$61,349
20 years
$206
$362
$66,631
Not Eligible
-
Not Eligible
-
-
$40,000
25 years
$315
$94,614
25 years
$275
$417
$101,515
$315
$94,614
$275
$417
$101,515
$50,000
25 years
$394
$118,268
25 years
$344
$521
$126,899
$394
$118,268
$344
$521
$126,899
$60,000
30 years
$451
$162,274
30 years
$413
$549
$166,145
$473
$141,921
$413
$625
$152,280
$70,000
30 years
$526
$189,319
30 years
$481
$640
$193,841
$552
$165,575
$481
$730
$177,664
$80,000
30 years
$601
$216,365
30 years
$550
$732
$221,531
$631
$189,228
$550
$834
$203,046
$90,000
30 years
$676
$243,410
30 years
$619
$823
$249,228
$710
$212,882
$619
$938
$228,427
Accessible Table 2
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