PLUS Loan Sample Repayment Page | Pepperdine University | Seaver College

PLUS Loan Sample Repayment Page

To assist you with determining the amount of loan you can afford to borrow, we are pleased to provide you with a sample repayment chart for the Federal PLUS loan. Repayment of the PLUS loan begins immediately after the loan is fully disbursed. The following chart is based on a 6.84% interest rate and Standard Repayment Plan. For more detailed loan repayment information go to https://studentloans.gov/myDirectLoan/mobile/repayment/repaymentEstimator.action.

Amount Borrowed Number of Payments Payment per Month Total Interest
$1,000 22 $50 $66
$2,000 46 $50 $278
$5,000 120 $58 $1,905
$10,000 120 $115 $3,810
$15,000 120 $173 $5,714
$20,000 120 $230 $7,619
$25,000 120 $288 $9,524
$30,000 120 $345 $11,429
$35,000 120 $403 $13,334
$40,000 120 $460 $15,239
$45,000 120 $518 $17,143
$50,000 120 $575 $19,048
$55,000 120 $633 $20,953
$60,000 120 $690 $22,858
$67,152 120 $773 $25,582