Loan Repayment Calculators

Parents and students interested in calculating their monthly loan payment can generate an amortization schedule from a number of web sites.  Examples of these calculators can be found below.


1) website's Payment Calculator

2) Mapping Your Future Payment Calculator

3) Payment Calculator - Requires a Federal PIN to log in



The current Interest rates to use are:

Direct Student Loans - 6.8 percent
PLUS - 7.9 percent
Perkins Loans - 5 percent
Alternative Loans - Will vary according to loan taken out.



Adobe Acrobat Reader is required to view PDF documents. Acrobat Reader is available as a free download from Adobe