Student Loan Payment Calculator for Atlanta Metropolitan College

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $31,190.00 to attend Atlanta Metropolitan 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.

Atlanta Metropolitan College Student Loan Payments
Example Payments
Monthly Loan Payment$311.80
Amount Borrowed$31,190.00
Interest Rate3.73%
Term years
Number of Monthly Payments120
Total Interest Cost$6,225.61
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 $37,415.61 to afford the $311.80 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 Atlanta Metropolitan College student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $311.80 $214.85 $96.95 $30,975.15
2 $311.80 $215.52 $96.28 $30,759.64
3 $311.80 $216.19 $95.61 $30,543.45
4 $311.80 $216.86 $94.94 $30,326.59
5 $311.80 $217.53 $94.27 $30,109.06
6 $311.80 $218.21 $93.59 $29,890.85
7 $311.80 $218.89 $92.91 $29,671.97
8 $311.80 $219.57 $92.23 $29,452.40
9 $311.80 $220.25 $91.55 $29,232.15
10 $311.80 $220.93 $90.86 $29,011.22
11 $311.80 $221.62 $90.18 $28,789.60
12 $311.80 $222.31 $89.49 $28,567.29
13 $311.80 $223.00 $88.80 $28,344.29
14 $311.80 $223.69 $88.10 $28,120.60
15 $311.80 $224.39 $87.41 $27,896.21
16 $311.80 $225.09 $86.71 $27,671.12
17 $311.80 $225.79 $86.01 $27,445.34
18 $311.80 $226.49 $85.31 $27,218.85
19 $311.80 $227.19 $84.61 $26,991.66
20 $311.80 $227.90 $83.90 $26,763.76
21 $311.80 $228.61 $83.19 $26,535.15
22 $311.80 $229.32 $82.48 $26,305.84
23 $311.80 $230.03 $81.77 $26,075.81
24 $311.80 $230.74 $81.05 $25,845.06
25 $311.80 $231.46 $80.34 $25,613.60
26 $311.80 $232.18 $79.62 $25,381.42
27 $311.80 $232.90 $78.89 $25,148.52
28 $311.80 $233.63 $78.17 $24,914.89
29 $311.80 $234.35 $77.44 $24,680.54
30 $311.80 $235.08 $76.72 $24,445.46
31 $311.80 $235.81 $75.98 $24,209.64
32 $311.80 $236.55 $75.25 $23,973.10
33 $311.80 $237.28 $74.52 $23,735.82
34 $311.80 $238.02 $73.78 $23,497.80
35 $311.80 $238.76 $73.04 $23,259.04
36 $311.80 $239.50 $72.30 $23,019.54
37 $311.80 $240.24 $71.55 $22,779.30
38 $311.80 $240.99 $70.81 $22,538.31
39 $311.80 $241.74 $70.06 $22,296.57
40 $311.80 $242.49 $69.31 $22,054.08
41 $311.80 $243.25 $68.55 $21,810.83
42 $311.80 $244.00 $67.80 $21,566.83
43 $311.80 $244.76 $67.04 $21,322.07
44 $311.80 $245.52 $66.28 $21,076.55
45 $311.80 $246.28 $65.51 $20,830.26
46 $311.80 $247.05 $64.75 $20,583.22
47 $311.80 $247.82 $63.98 $20,335.40
48 $311.80 $248.59 $63.21 $20,086.81
49 $311.80 $249.36 $62.44 $19,837.45
50 $311.80 $250.14 $61.66 $19,587.31
51 $311.80 $250.91 $60.88 $19,336.40
52 $311.80 $251.69 $60.10 $19,084.71
53 $311.80 $252.48 $59.32 $18,832.23
54 $311.80 $253.26 $58.54 $18,578.97
55 $311.80 $254.05 $57.75 $18,324.93
56 $311.80 $254.84 $56.96 $18,070.09
57 $311.80 $255.63 $56.17 $17,814.46
58 $311.80 $256.42 $55.37 $17,558.04
59 $311.80 $257.22 $54.58 $17,300.82
60 $311.80 $258.02 $53.78 $17,042.80
61 $311.80 $258.82 $52.97 $16,783.98
62 $311.80 $259.63 $52.17 $16,524.35
63 $311.80 $260.43 $51.36 $16,263.92
64 $311.80 $261.24 $50.55 $16,002.67
65 $311.80 $262.06 $49.74 $15,740.62
66 $311.80 $262.87 $48.93 $15,477.75
67 $311.80 $263.69 $48.11 $15,214.06
68 $311.80 $264.51 $47.29 $14,949.55
69 $311.80 $265.33 $46.47 $14,684.23
70 $311.80 $266.15 $45.64 $14,418.07
71 $311.80 $266.98 $44.82 $14,151.09
72 $311.80 $267.81 $43.99 $13,883.28
73 $311.80 $268.64 $43.15 $13,614.64
74 $311.80 $269.48 $42.32 $13,345.16
75 $311.80 $270.32 $41.48 $13,074.84
76 $311.80 $271.16 $40.64 $12,803.69
77 $311.80 $272.00 $39.80 $12,531.69
78 $311.80 $272.84 $38.95 $12,258.85
79 $311.80 $273.69 $38.10 $11,985.15
80 $311.80 $274.54 $37.25 $11,710.61
81 $311.80 $275.40 $36.40 $11,435.21
82 $311.80 $276.25 $35.54 $11,158.96
83 $311.80 $277.11 $34.69 $10,881.85
84 $311.80 $277.97 $33.82 $10,603.88
85 $311.80 $278.84 $32.96 $10,325.04
86 $311.80 $279.70 $32.09 $10,045.34
87 $311.80 $280.57 $31.22 $9,764.77
88 $311.80 $281.44 $30.35 $9,483.32
89 $311.80 $282.32 $29.48 $9,201.00
90 $311.80 $283.20 $28.60 $8,917.81
91 $311.80 $284.08 $27.72 $8,633.73
92 $311.80 $284.96 $26.84 $8,348.77
93 $311.80 $285.85 $25.95 $8,062.92
94 $311.80 $286.73 $25.06 $7,776.19
95 $311.80 $287.63 $24.17 $7,488.56
96 $311.80 $288.52 $23.28 $7,200.04
97 $311.80 $289.42 $22.38 $6,910.63
98 $311.80 $290.32 $21.48 $6,620.31
99 $311.80 $291.22 $20.58 $6,329.09
100 $311.80 $292.12 $19.67 $6,036.97
101 $311.80 $293.03 $18.76 $5,743.94
102 $311.80 $293.94 $17.85 $5,449.99
103 $311.80 $294.86 $16.94 $5,155.14
104 $311.80 $295.77 $16.02 $4,859.36
105 $311.80 $296.69 $15.10 $4,562.67
106 $311.80 $297.61 $14.18 $4,265.06
107 $311.80 $298.54 $13.26 $3,966.52
108 $311.80 $299.47 $12.33 $3,667.05
109 $311.80 $300.40 $11.40 $3,366.65
110 $311.80 $301.33 $10.46 $3,065.32
111 $311.80 $302.27 $9.53 $2,763.05
112 $311.80 $303.21 $8.59 $2,459.84
113 $311.80 $304.15 $7.65 $2,155.69
114 $311.80 $305.10 $6.70 $1,850.60
115 $311.80 $306.04 $5.75 $1,544.55
116 $311.80 $307.00 $4.80 $1,237.56
117 $311.80 $307.95 $3.85 $929.61
118 $311.80 $308.91 $2.89 $620.70
119 $311.80 $309.87 $1.93 $310.83
120 $311.80 $310.83 $0.97 $0.00