Student Loan Payment Calculator for Auburn University

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $128,784.00 to attend Auburn University. With a standard repayment plan you will pay a fixed amount each month until your loan is paid in full.

A full amortization table and payoff chart is available below.

Auburn University Student Loan Payments
Example Payments
Monthly Loan Payment$1,228.74
Amount Borrowed$128,784.00
Interest Rate2.75%
Term years
Number of Monthly Payments120
Total Interest Cost$18,664.97
Sum of All Payments over 10 years

Loan Affordability

To keep student loan repayment affordable, it is recommended not to borrow more than you can pay back using 10% of your monthly income. Under these parameters you would need a post graduation salary of $147,448.97 to afford the $1,228.74 monthly payment in the loan modeled above.

Re-calculate the Loan

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Auburn University student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $1,228.74 $933.61 $295.13 $127,850.39
2 $1,228.74 $935.75 $292.99 $126,914.64
3 $1,228.74 $937.90 $290.85 $125,976.74
4 $1,228.74 $940.04 $288.70 $125,036.70
5 $1,228.74 $942.20 $286.54 $124,094.50
6 $1,228.74 $944.36 $284.38 $123,150.14
7 $1,228.74 $946.52 $282.22 $122,203.62
8 $1,228.74 $948.69 $280.05 $121,254.93
9 $1,228.74 $950.87 $277.88 $120,304.06
10 $1,228.74 $953.04 $275.70 $119,351.02
11 $1,228.74 $955.23 $273.51 $118,395.79
12 $1,228.74 $957.42 $271.32 $117,438.37
13 $1,228.74 $959.61 $269.13 $116,478.76
14 $1,228.74 $961.81 $266.93 $115,516.95
15 $1,228.74 $964.02 $264.73 $114,552.93
16 $1,228.74 $966.22 $262.52 $113,586.71
17 $1,228.74 $968.44 $260.30 $112,618.27
18 $1,228.74 $970.66 $258.08 $111,647.61
19 $1,228.74 $972.88 $255.86 $110,674.73
20 $1,228.74 $975.11 $253.63 $109,699.62
21 $1,228.74 $977.35 $251.39 $108,722.27
22 $1,228.74 $979.59 $249.16 $107,742.68
23 $1,228.74 $981.83 $246.91 $106,760.85
24 $1,228.74 $984.08 $244.66 $105,776.77
25 $1,228.74 $986.34 $242.41 $104,790.44
26 $1,228.74 $988.60 $240.14 $103,801.84
27 $1,228.74 $990.86 $237.88 $102,810.98
28 $1,228.74 $993.13 $235.61 $101,817.84
29 $1,228.74 $995.41 $233.33 $100,822.44
30 $1,228.74 $997.69 $231.05 $99,824.75
31 $1,228.74 $999.98 $228.77 $98,824.77
32 $1,228.74 $1,002.27 $226.47 $97,822.50
33 $1,228.74 $1,004.56 $224.18 $96,817.94
34 $1,228.74 $1,006.87 $221.87 $95,811.07
35 $1,228.74 $1,009.17 $219.57 $94,801.89
36 $1,228.74 $1,011.49 $217.25 $93,790.41
37 $1,228.74 $1,013.81 $214.94 $92,776.60
38 $1,228.74 $1,016.13 $212.61 $91,760.47
39 $1,228.74 $1,018.46 $210.28 $90,742.02
40 $1,228.74 $1,020.79 $207.95 $89,721.23
41 $1,228.74 $1,023.13 $205.61 $88,698.10
42 $1,228.74 $1,025.47 $203.27 $87,672.62
43 $1,228.74 $1,027.82 $200.92 $86,644.80
44 $1,228.74 $1,030.18 $198.56 $85,614.62
45 $1,228.74 $1,032.54 $196.20 $84,582.07
46 $1,228.74 $1,034.91 $193.83 $83,547.17
47 $1,228.74 $1,037.28 $191.46 $82,509.89
48 $1,228.74 $1,039.66 $189.09 $81,470.23
49 $1,228.74 $1,042.04 $186.70 $80,428.19
50 $1,228.74 $1,044.43 $184.31 $79,383.77
51 $1,228.74 $1,046.82 $181.92 $78,336.95
52 $1,228.74 $1,049.22 $179.52 $77,287.73
53 $1,228.74 $1,051.62 $177.12 $76,236.10
54 $1,228.74 $1,054.03 $174.71 $75,182.07
55 $1,228.74 $1,056.45 $172.29 $74,125.62
56 $1,228.74 $1,058.87 $169.87 $73,066.75
57 $1,228.74 $1,061.30 $167.44 $72,005.45
58 $1,228.74 $1,063.73 $165.01 $70,941.72
59 $1,228.74 $1,066.17 $162.57 $69,875.56
60 $1,228.74 $1,068.61 $160.13 $68,806.95
61 $1,228.74 $1,071.06 $157.68 $67,735.89
62 $1,228.74 $1,073.51 $155.23 $66,662.38
63 $1,228.74 $1,075.97 $152.77 $65,586.40
64 $1,228.74 $1,078.44 $150.30 $64,507.96
65 $1,228.74 $1,080.91 $147.83 $63,427.05
66 $1,228.74 $1,083.39 $145.35 $62,343.66
67 $1,228.74 $1,085.87 $142.87 $61,257.79
68 $1,228.74 $1,088.36 $140.38 $60,169.43
69 $1,228.74 $1,090.85 $137.89 $59,078.58
70 $1,228.74 $1,093.35 $135.39 $57,985.23
71 $1,228.74 $1,095.86 $132.88 $56,889.37
72 $1,228.74 $1,098.37 $130.37 $55,791.00
73 $1,228.74 $1,100.89 $127.85 $54,690.11
74 $1,228.74 $1,103.41 $125.33 $53,586.70
75 $1,228.74 $1,105.94 $122.80 $52,480.76
76 $1,228.74 $1,108.47 $120.27 $51,372.29
77 $1,228.74 $1,111.01 $117.73 $50,261.28
78 $1,228.74 $1,113.56 $115.18 $49,147.72
79 $1,228.74 $1,116.11 $112.63 $48,031.61
80 $1,228.74 $1,118.67 $110.07 $46,912.94
81 $1,228.74 $1,121.23 $107.51 $45,791.71
82 $1,228.74 $1,123.80 $104.94 $44,667.90
83 $1,228.74 $1,126.38 $102.36 $43,541.53
84 $1,228.74 $1,128.96 $99.78 $42,412.57
85 $1,228.74 $1,131.55 $97.20 $41,281.02
86 $1,228.74 $1,134.14 $94.60 $40,146.88
87 $1,228.74 $1,136.74 $92.00 $39,010.14
88 $1,228.74 $1,139.34 $89.40 $37,870.80
89 $1,228.74 $1,141.95 $86.79 $36,728.85
90 $1,228.74 $1,144.57 $84.17 $35,584.28
91 $1,228.74 $1,147.19 $81.55 $34,437.08
92 $1,228.74 $1,149.82 $78.92 $33,287.26
93 $1,228.74 $1,152.46 $76.28 $32,134.80
94 $1,228.74 $1,155.10 $73.64 $30,979.70
95 $1,228.74 $1,157.75 $71.00 $29,821.96
96 $1,228.74 $1,160.40 $68.34 $28,661.56
97 $1,228.74 $1,163.06 $65.68 $27,498.50
98 $1,228.74 $1,165.72 $63.02 $26,332.77
99 $1,228.74 $1,168.40 $60.35 $25,164.38
100 $1,228.74 $1,171.07 $57.67 $23,993.30
101 $1,228.74 $1,173.76 $54.98 $22,819.55
102 $1,228.74 $1,176.45 $52.29 $21,643.10
103 $1,228.74 $1,179.14 $49.60 $20,463.96
104 $1,228.74 $1,181.84 $46.90 $19,282.11
105 $1,228.74 $1,184.55 $44.19 $18,097.56
106 $1,228.74 $1,187.27 $41.47 $16,910.29
107 $1,228.74 $1,189.99 $38.75 $15,720.30
108 $1,228.74 $1,192.72 $36.03 $14,527.59
109 $1,228.74 $1,195.45 $33.29 $13,332.14
110 $1,228.74 $1,198.19 $30.55 $12,133.95
111 $1,228.74 $1,200.93 $27.81 $10,933.02
112 $1,228.74 $1,203.69 $25.05 $9,729.33
113 $1,228.74 $1,206.45 $22.30 $8,522.88
114 $1,228.74 $1,209.21 $19.53 $7,313.67
115 $1,228.74 $1,211.98 $16.76 $6,101.69
116 $1,228.74 $1,214.76 $13.98 $4,886.94
117 $1,228.74 $1,217.54 $11.20 $3,669.39
118 $1,228.74 $1,220.33 $8.41 $2,449.06
119 $1,228.74 $1,223.13 $5.61 $1,225.93
120 $1,228.74 $1,225.93 $2.81 $0.00