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Loan Amortization Calculator

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Interest Rate Guidelines to Help You Estimate Your Monthly Payment
Subsidized Stafford loans first disbursed on or after 7/1/11 for undergraduate students 3.4% fixed interest rate
Subsidized Stafford loans first disbursed between 7/1/10 and 6/30/11 for undergraduate students 4.5% fixed interest rate
Subsidized Stafford loans first disbursed between 7/1/09 and 6/30/10 for undergraduate students 5.6% fixed interest rate
Subsidized Stafford loans first disbursed between 7/1/08 and 6/30/09 for undergraduate students 6.0% fixed interest rate
Subsidized Stafford loans disbursed between 7/1/06 and 6/30/07 (and Subsidized Stafford loans disbursed after 7/1/08 for graduate students) 6.8% fixed interest rate
Unsubsidized Stafford loans disbursed after 7/1/06 6.8% fixed interest rate
Stafford loans disbursed before 7/1/06 variable interest rate (currently 2.36%)
Federal PLUS loans disbursed on or after 7/1/06 (FFELP Program) 8.5% fixed interest rate
Federal PLUS loans disbursed on or after 7/1/06 (Direct Loan Program) 7.9% fixed interest rate
Federal PLUS loans disbursed before 7/1/06 variable interest rate (currently 3.16%)
Perkins loans 5% fixed interest rate