Financial Aid - Are You Ready?

Monthly interest-only loan payments

Paying your interest while in school keeps the interest from accruing and being rolled into your final loan total and will ultimately keep your final pay off amount down.
Principal 2.82% 3.42% 4.22% 5.00% 6.00% 7.00% 8.25% 9.00%
$1,000 $2.35 $2.85 $3.52 $4.17 $5.00 $5.83 $6.88 $7.50
2,000 4.70 5.70 7.03 8.33 10.00 11.67 13.75 15.00
2,625 6.17 7.48 9.23 10.94 13.13 15.31 18.05 19.69
3,500 8.23 9.98 12.31 14.58 17.50 20.42 24.06 26.25
5,000 11.75 14.25 17.58 20.83 25.00 29.17 34.38 37.50
5,500 12.93 15.68 19.34 22.92 27.50 32.08 37.81 41.25
6,125 14.39 17.46 21.54 25.52 30.63 35.73 42.11 45.94
6,625 15.57 18.88 23.30 27.60 33.13 38.65 45.55 49.69
7,000 16.45 19.95 24.62 29.17 35.00 40.83 48.13 52.50
10,000 23.50 28.50 35.17 41.67 50.00 58.33 68.75 75.00
11,625 27.32 33.13 40.88 48.44 58.13 67.81 79.92 87.19
14,125 33.19 40.26 49.67 58.85 70.63 82.40 97.11 105.94
15,000 35.25 42.75 52.75 62.50 75.00 87.50 103.13 112.50
17,125 40.24 48.81 60.22 71.35 85.63 99.90 117.73 128.44
20,000 47.00 57.00 70.33 83.33 100.00 116.67 137.50 150.00
23,000 54.05 65.55 80.88 95.83 115.00 134.17 158.13 172.50
24,625 57.87 70.18 86.60 102.60 123.13 143.65 169.30 184.69
30,000 70.50 85.50 105.50 125.00 150.00 175.00 206.25 225.00
35,125 82.54 100.11 123.52 146.35 175.63 204.90 241.48 263.44
40,000 94.00 114.00 140.67 166.67 200.00 233.33 275.00 300.00
46,000 108.10 131.10 161.77 191.67 230.00 268.33 316.25 345.00
65,500 153.93 186.68 230.34 272.92 327.50 382.08 450.31 491.25
138,500 325.48 394.73 487.06 577.08 692.50 807.92 952.19 1,038.75

 

Graphic: Leaving FA Web IndicatorThis symbol means you are leaving the USF Financial Aid Website

updated: svincent - sv - 2-28-08