Compare Plans
Now that you know more about the different repayment options available to you, let’s take a look at a side by side comparison of the benefits each one offers.
- Initial Monthly Payment
- Maximum Monthly Payment
- Interest Paid
- Total Amount Paid
- Years in Repayment
- Remaining Unpaid Balance
- Assumptions
Examples assume Direct Subsidized Loans with a total loan amount of $32,000 on the day repayment begins, 6.8% fixed interest rate on non-consolidated loans, no borrower benefits, no pre-payments, and no delinquent payments.
Repayment example assumptions:
Estimated adjusted gross income of $25,000 with 3 percent annual growth.
Household size of one.
Household status of single with no dependents.
Living in the Continental U.S.
The remaining unpaid balance is forgiven or canceled.
- Initial Monthly Payment
- Maximum Monthly Payment
- Interest Paid
- Total Amount Paid
- Years in Repayment
- Remaining Unpaid Balance
- Assumptions
Examples assume Direct Subsidized Loans with a total loan amount of $32,000 on the day repayment begins, 6.8% fixed interest rate on non-consolidated loans, no borrower benefits, no pre-payments, and no delinquent payments.
Repayment example assumptions:
Estimated adjusted gross income of $25,000 with 3 percent annual growth.
Household size of one.
Household status of single with no dependents.
Living in the Continental U.S.
The remaining unpaid balance is forgiven or canceled.