Do you need to lower the monthly payments on your loans? Or are you more interested in keeping your interest payments down?

How you choose to pay back your loan will affect how much you pay each month and how much you pay over the life of your loan. The repayment plan you choose matters.

How can this calculator help you?
The calculator shows you what your monthly payments and interest payment would be like under different repayment plans. If you're able to compare different plans, you'll be able to choose the best repayment plan for you.

Important note: This calculator estimates what your loan payments might be like once you're in repayment. This calculator was not designed to consolidate your loans or to tell you what your payments would be like if you consolidate your loan. To view your consolidation options, visit the Loan Consolidation Calculator.

Before proceeding, you may want to read these detailed instructions.

All payment calculations are estimates only. Your monthly payment schedule and total payment estimates will vary.

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