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Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $42,328.00 to attend Los Angeles Southwest College. 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.

Los Angeles Southwest College Student Loan Payments
Example Payments
Monthly Loan Payment$437.66
Amount Borrowed$42,328.00
Interest Rate4.5%
Term years
Number of Monthly Payments120
Total Interest Cost$10,191.34
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 $52,519.34 to afford the $437.66 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 Los Angeles Southwest College student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $437.66 $280.69 $156.97 $42,047.31
2 $437.66 $281.74 $155.93 $41,765.57
3 $437.66 $282.78 $154.88 $41,482.79
4 $437.66 $283.83 $153.83 $41,198.96
5 $437.66 $284.88 $152.78 $40,914.08
6 $437.66 $285.94 $151.72 $40,628.14
7 $437.66 $287.00 $150.66 $40,341.14
8 $437.66 $288.06 $149.60 $40,053.08
9 $437.66 $289.13 $148.53 $39,763.95
10 $437.66 $290.20 $147.46 $39,473.74
11 $437.66 $291.28 $146.38 $39,182.47
12 $437.66 $292.36 $145.30 $38,890.11
13 $437.66 $293.44 $144.22 $38,596.66
14 $437.66 $294.53 $143.13 $38,302.13
15 $437.66 $295.62 $142.04 $38,006.51
16 $437.66 $296.72 $140.94 $37,709.79
17 $437.66 $297.82 $139.84 $37,411.96
18 $437.66 $298.93 $138.74 $37,113.04
19 $437.66 $300.03 $137.63 $36,813.01
20 $437.66 $301.15 $136.51 $36,511.86
21 $437.66 $302.26 $135.40 $36,209.60
22 $437.66 $303.38 $134.28 $35,906.21
23 $437.66 $304.51 $133.15 $35,601.70
24 $437.66 $305.64 $132.02 $35,296.07
25 $437.66 $306.77 $130.89 $34,989.29
26 $437.66 $307.91 $129.75 $34,681.38
27 $437.66 $309.05 $128.61 $34,372.33
28 $437.66 $310.20 $127.46 $34,062.14
29 $437.66 $311.35 $126.31 $33,750.79
30 $437.66 $312.50 $125.16 $33,438.29
31 $437.66 $313.66 $124.00 $33,124.63
32 $437.66 $314.82 $122.84 $32,809.80
33 $437.66 $315.99 $121.67 $32,493.81
34 $437.66 $317.16 $120.50 $32,176.65
35 $437.66 $318.34 $119.32 $31,858.31
36 $437.66 $319.52 $118.14 $31,538.79
37 $437.66 $320.70 $116.96 $31,218.08
38 $437.66 $321.89 $115.77 $30,896.19
39 $437.66 $323.09 $114.57 $30,573.10
40 $437.66 $324.29 $113.38 $30,248.82
41 $437.66 $325.49 $112.17 $29,923.33
42 $437.66 $326.70 $110.97 $29,596.63
43 $437.66 $327.91 $109.75 $29,268.72
44 $437.66 $329.12 $108.54 $28,939.60
45 $437.66 $330.34 $107.32 $28,609.26
46 $437.66 $331.57 $106.09 $28,277.69
47 $437.66 $332.80 $104.86 $27,944.89
48 $437.66 $334.03 $103.63 $27,610.86
49 $437.66 $335.27 $102.39 $27,275.59
50 $437.66 $336.51 $101.15 $26,939.07
51 $437.66 $337.76 $99.90 $26,601.31
52 $437.66 $339.01 $98.65 $26,262.30
53 $437.66 $340.27 $97.39 $25,922.03
54 $437.66 $341.53 $96.13 $25,580.49
55 $437.66 $342.80 $94.86 $25,237.69
56 $437.66 $344.07 $93.59 $24,893.62
57 $437.66 $345.35 $92.31 $24,548.27
58 $437.66 $346.63 $91.03 $24,201.64
59 $437.66 $347.91 $89.75 $23,853.73
60 $437.66 $349.20 $88.46 $23,504.53
61 $437.66 $350.50 $87.16 $23,154.03
62 $437.66 $351.80 $85.86 $22,802.23
63 $437.66 $353.10 $84.56 $22,449.13
64 $437.66 $354.41 $83.25 $22,094.72
65 $437.66 $355.73 $81.93 $21,738.99
66 $437.66 $357.05 $80.62 $21,381.94
67 $437.66 $358.37 $79.29 $21,023.57
68 $437.66 $359.70 $77.96 $20,663.87
69 $437.66 $361.03 $76.63 $20,302.84
70 $437.66 $362.37 $75.29 $19,940.47
71 $437.66 $363.72 $73.95 $19,576.76
72 $437.66 $365.06 $72.60 $19,211.69
73 $437.66 $366.42 $71.24 $18,845.27
74 $437.66 $367.78 $69.88 $18,477.50
75 $437.66 $369.14 $68.52 $18,108.36
76 $437.66 $370.51 $67.15 $17,737.85
77 $437.66 $371.88 $65.78 $17,365.96
78 $437.66 $373.26 $64.40 $16,992.70
79 $437.66 $374.65 $63.01 $16,618.05
80 $437.66 $376.04 $61.63 $16,242.02
81 $437.66 $377.43 $60.23 $15,864.59
82 $437.66 $378.83 $58.83 $15,485.76
83 $437.66 $380.23 $57.43 $15,105.52
84 $437.66 $381.64 $56.02 $14,723.88
85 $437.66 $383.06 $54.60 $14,340.82
86 $437.66 $384.48 $53.18 $13,956.34
87 $437.66 $385.91 $51.75 $13,570.43
88 $437.66 $387.34 $50.32 $13,183.09
89 $437.66 $388.77 $48.89 $12,794.32
90 $437.66 $390.22 $47.45 $12,404.10
91 $437.66 $391.66 $46.00 $12,012.44
92 $437.66 $393.12 $44.55 $11,619.33
93 $437.66 $394.57 $43.09 $11,224.75
94 $437.66 $396.04 $41.63 $10,828.72
95 $437.66 $397.50 $40.16 $10,431.21
96 $437.66 $398.98 $38.68 $10,032.23
97 $437.66 $400.46 $37.20 $9,631.78
98 $437.66 $401.94 $35.72 $9,229.83
99 $437.66 $403.43 $34.23 $8,826.40
100 $437.66 $404.93 $32.73 $8,421.47
101 $437.66 $406.43 $31.23 $8,015.04
102 $437.66 $407.94 $29.72 $7,607.10
103 $437.66 $409.45 $28.21 $7,197.65
104 $437.66 $410.97 $26.69 $6,786.68
105 $437.66 $412.49 $25.17 $6,374.18
106 $437.66 $414.02 $23.64 $5,960.16
107 $437.66 $415.56 $22.10 $5,544.60
108 $437.66 $417.10 $20.56 $5,127.50
109 $437.66 $418.65 $19.01 $4,708.85
110 $437.66 $420.20 $17.46 $4,288.66
111 $437.66 $421.76 $15.90 $3,866.90
112 $437.66 $423.32 $14.34 $3,443.58
113 $437.66 $424.89 $12.77 $3,018.69
114 $437.66 $426.47 $11.19 $2,592.22
115 $437.66 $428.05 $9.61 $2,164.17
116 $437.66 $429.64 $8.03 $1,734.53
117 $437.66 $431.23 $6.43 $1,303.31
118 $437.66 $432.83 $4.83 $870.48
119 $437.66 $434.43 $3.23 $436.04
120 $437.66 $436.04 $1.62 $0.00