PURL Loan Sample Repayment Chart | Pepperdine University | Seaver College

PURL Loan Sample Repayment Chart

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 PURL Loan Program. Repayment of the PURL Loan begins 6 months after the borrower is no longer enrolled at least half-time at Pepperdine University. The following chart is based on a 0% interest rate.

Amount Borrowed Approximate Number of Payments Payment per Month
$1,000.00 20 $50.00
$2,500.00 35 $71.00
$4,000.00 50 $80.00
$5,500.00 65 $85.00
$7,000.00 80 $88.00
$8,500.00 95 $89.00
$10,000.00 110 $91.00
$12,000.00 120 $100.00
$14,000.00 120 $117.00
$15,000.00 120 $125.00
$18,000.00 120 $150.00
$20,000.00 120 $167.00