Student Loan Payment Calculator for Charles R Drew University of Medicine and Science

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $145,216.00 to attend Charles R Drew University of Medicine and Science. 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.

Charles R Drew University of Medicine and Science Student Loan Payments
Example Payments
Monthly Loan Payment$1,385.52
Amount Borrowed$145,216.00
Interest Rate2.75%
Term years
Number of Monthly Payments120
Total Interest Cost$21,046.50
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 $166,262.50 to afford the $1,385.52 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 Charles R Drew University of Medicine and Science student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $1,385.52 $1,052.73 $332.79 $144,163.27
2 $1,385.52 $1,055.15 $330.37 $143,108.12
3 $1,385.52 $1,057.56 $327.96 $142,050.55
4 $1,385.52 $1,059.99 $325.53 $140,990.57
5 $1,385.52 $1,062.42 $323.10 $139,928.15
6 $1,385.52 $1,064.85 $320.67 $138,863.30
7 $1,385.52 $1,067.29 $318.23 $137,796.00
8 $1,385.52 $1,069.74 $315.78 $136,726.27
9 $1,385.52 $1,072.19 $313.33 $135,654.08
10 $1,385.52 $1,074.65 $310.87 $134,579.43
11 $1,385.52 $1,077.11 $308.41 $133,502.32
12 $1,385.52 $1,079.58 $305.94 $132,422.74
13 $1,385.52 $1,082.05 $303.47 $131,340.69
14 $1,385.52 $1,084.53 $300.99 $130,256.16
15 $1,385.52 $1,087.02 $298.50 $129,169.14
16 $1,385.52 $1,089.51 $296.01 $128,079.63
17 $1,385.52 $1,092.00 $293.52 $126,987.63
18 $1,385.52 $1,094.51 $291.01 $125,893.12
19 $1,385.52 $1,097.02 $288.51 $124,796.10
20 $1,385.52 $1,099.53 $285.99 $123,696.57
21 $1,385.52 $1,102.05 $283.47 $122,594.52
22 $1,385.52 $1,104.58 $280.95 $121,489.95
23 $1,385.52 $1,107.11 $278.41 $120,382.84
24 $1,385.52 $1,109.64 $275.88 $119,273.20
25 $1,385.52 $1,112.19 $273.33 $118,161.01
26 $1,385.52 $1,114.74 $270.79 $117,046.28
27 $1,385.52 $1,117.29 $268.23 $115,928.99
28 $1,385.52 $1,119.85 $265.67 $114,809.14
29 $1,385.52 $1,122.42 $263.10 $113,686.72
30 $1,385.52 $1,124.99 $260.53 $112,561.73
31 $1,385.52 $1,127.57 $257.95 $111,434.17
32 $1,385.52 $1,130.15 $255.37 $110,304.02
33 $1,385.52 $1,132.74 $252.78 $109,171.27
34 $1,385.52 $1,135.34 $250.18 $108,035.94
35 $1,385.52 $1,137.94 $247.58 $106,898.00
36 $1,385.52 $1,140.55 $244.97 $105,757.45
37 $1,385.52 $1,143.16 $242.36 $104,614.29
38 $1,385.52 $1,145.78 $239.74 $103,468.51
39 $1,385.52 $1,148.41 $237.12 $102,320.11
40 $1,385.52 $1,151.04 $234.48 $101,169.07
41 $1,385.52 $1,153.68 $231.85 $100,015.40
42 $1,385.52 $1,156.32 $229.20 $98,859.08
43 $1,385.52 $1,158.97 $226.55 $97,700.11
44 $1,385.52 $1,161.62 $223.90 $96,538.48
45 $1,385.52 $1,164.29 $221.23 $95,374.20
46 $1,385.52 $1,166.95 $218.57 $94,207.24
47 $1,385.52 $1,169.63 $215.89 $93,037.61
48 $1,385.52 $1,172.31 $213.21 $91,865.30
49 $1,385.52 $1,175.00 $210.52 $90,690.31
50 $1,385.52 $1,177.69 $207.83 $89,512.62
51 $1,385.52 $1,180.39 $205.13 $88,332.23
52 $1,385.52 $1,183.09 $202.43 $87,149.14
53 $1,385.52 $1,185.80 $199.72 $85,963.33
54 $1,385.52 $1,188.52 $197.00 $84,774.81
55 $1,385.52 $1,191.25 $194.28 $83,583.57
56 $1,385.52 $1,193.98 $191.55 $82,389.59
57 $1,385.52 $1,196.71 $188.81 $81,192.88
58 $1,385.52 $1,199.45 $186.07 $79,993.43
59 $1,385.52 $1,202.20 $183.32 $78,791.22
60 $1,385.52 $1,204.96 $180.56 $77,586.27
61 $1,385.52 $1,207.72 $177.80 $76,378.55
62 $1,385.52 $1,210.49 $175.03 $75,168.06
63 $1,385.52 $1,213.26 $172.26 $73,954.80
64 $1,385.52 $1,216.04 $169.48 $72,738.76
65 $1,385.52 $1,218.83 $166.69 $71,519.93
66 $1,385.52 $1,221.62 $163.90 $70,298.31
67 $1,385.52 $1,224.42 $161.10 $69,073.89
68 $1,385.52 $1,227.23 $158.29 $67,846.66
69 $1,385.52 $1,230.04 $155.48 $66,616.62
70 $1,385.52 $1,232.86 $152.66 $65,383.77
71 $1,385.52 $1,235.68 $149.84 $64,148.08
72 $1,385.52 $1,238.51 $147.01 $62,909.57
73 $1,385.52 $1,241.35 $144.17 $61,668.22
74 $1,385.52 $1,244.20 $141.32 $60,424.02
75 $1,385.52 $1,247.05 $138.47 $59,176.97
76 $1,385.52 $1,249.91 $135.61 $57,927.06
77 $1,385.52 $1,252.77 $132.75 $56,674.29
78 $1,385.52 $1,255.64 $129.88 $55,418.65
79 $1,385.52 $1,258.52 $127.00 $54,160.13
80 $1,385.52 $1,261.40 $124.12 $52,898.72
81 $1,385.52 $1,264.29 $121.23 $51,634.43
82 $1,385.52 $1,267.19 $118.33 $50,367.24
83 $1,385.52 $1,270.10 $115.42 $49,097.14
84 $1,385.52 $1,273.01 $112.51 $47,824.14
85 $1,385.52 $1,275.92 $109.60 $46,548.21
86 $1,385.52 $1,278.85 $106.67 $45,269.36
87 $1,385.52 $1,281.78 $103.74 $43,987.59
88 $1,385.52 $1,284.72 $100.80 $42,702.87
89 $1,385.52 $1,287.66 $97.86 $41,415.21
90 $1,385.52 $1,290.61 $94.91 $40,124.60
91 $1,385.52 $1,293.57 $91.95 $38,831.03
92 $1,385.52 $1,296.53 $88.99 $37,534.50
93 $1,385.52 $1,299.50 $86.02 $36,234.99
94 $1,385.52 $1,302.48 $83.04 $34,932.51
95 $1,385.52 $1,305.47 $80.05 $33,627.04
96 $1,385.52 $1,308.46 $77.06 $32,318.58
97 $1,385.52 $1,311.46 $74.06 $31,007.13
98 $1,385.52 $1,314.46 $71.06 $29,692.66
99 $1,385.52 $1,317.48 $68.05 $28,375.19
100 $1,385.52 $1,320.49 $65.03 $27,054.69
101 $1,385.52 $1,323.52 $62.00 $25,731.17
102 $1,385.52 $1,326.55 $58.97 $24,404.62
103 $1,385.52 $1,329.59 $55.93 $23,075.03
104 $1,385.52 $1,332.64 $52.88 $21,742.39
105 $1,385.52 $1,335.69 $49.83 $20,406.69
106 $1,385.52 $1,338.76 $46.77 $19,067.94
107 $1,385.52 $1,341.82 $43.70 $17,726.11
108 $1,385.52 $1,344.90 $40.62 $16,381.21
109 $1,385.52 $1,347.98 $37.54 $15,033.23
110 $1,385.52 $1,351.07 $34.45 $13,682.16
111 $1,385.52 $1,354.17 $31.35 $12,328.00
112 $1,385.52 $1,357.27 $28.25 $10,970.73
113 $1,385.52 $1,360.38 $25.14 $9,610.35
114 $1,385.52 $1,363.50 $22.02 $8,246.85
115 $1,385.52 $1,366.62 $18.90 $6,880.23
116 $1,385.52 $1,369.75 $15.77 $5,510.48
117 $1,385.52 $1,372.89 $12.63 $4,137.58
118 $1,385.52 $1,376.04 $9.48 $2,761.55
119 $1,385.52 $1,379.19 $6.33 $1,382.35
120 $1,385.52 $1,382.35 $3.17 $0.00