Student Loan Payment Calculator for Boston University

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $310,648.00 to attend Boston 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.

Boston University Student Loan Payments
Example Payments
Monthly Loan Payment$3,105.45
Amount Borrowed$310,648.00
Interest Rate3.73%
Term years
Number of Monthly Payments120
Total Interest Cost$62,006.21
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 $372,654.21 to afford the $3,105.45 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 Boston University student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $3,105.45 $2,139.85 $965.60 $308,508.15
2 $3,105.45 $2,146.51 $958.95 $306,361.64
3 $3,105.45 $2,153.18 $952.27 $304,208.46
4 $3,105.45 $2,159.87 $945.58 $302,048.59
5 $3,105.45 $2,166.58 $938.87 $299,882.01
6 $3,105.45 $2,173.32 $932.13 $297,708.69
7 $3,105.45 $2,180.07 $925.38 $295,528.62
8 $3,105.45 $2,186.85 $918.60 $293,341.77
9 $3,105.45 $2,193.65 $911.80 $291,148.12
10 $3,105.45 $2,200.47 $904.99 $288,947.65
11 $3,105.45 $2,207.31 $898.15 $286,740.35
12 $3,105.45 $2,214.17 $891.28 $284,526.18
13 $3,105.45 $2,221.05 $884.40 $282,305.13
14 $3,105.45 $2,227.95 $877.50 $280,077.18
15 $3,105.45 $2,234.88 $870.57 $277,842.30
16 $3,105.45 $2,241.83 $863.63 $275,600.47
17 $3,105.45 $2,248.79 $856.66 $273,351.68
18 $3,105.45 $2,255.78 $849.67 $271,095.89
19 $3,105.45 $2,262.80 $842.66 $268,833.10
20 $3,105.45 $2,269.83 $835.62 $266,563.27
21 $3,105.45 $2,276.88 $828.57 $264,286.39
22 $3,105.45 $2,283.96 $821.49 $262,002.42
23 $3,105.45 $2,291.06 $814.39 $259,711.36
24 $3,105.45 $2,298.18 $807.27 $257,413.18
25 $3,105.45 $2,305.33 $800.13 $255,107.86
26 $3,105.45 $2,312.49 $792.96 $252,795.36
27 $3,105.45 $2,319.68 $785.77 $250,475.68
28 $3,105.45 $2,326.89 $778.56 $248,148.79
29 $3,105.45 $2,334.12 $771.33 $245,814.67
30 $3,105.45 $2,341.38 $764.07 $243,473.29
31 $3,105.45 $2,348.66 $756.80 $241,124.64
32 $3,105.45 $2,355.96 $749.50 $238,768.68
33 $3,105.45 $2,363.28 $742.17 $236,405.40
34 $3,105.45 $2,370.62 $734.83 $234,034.78
35 $3,105.45 $2,377.99 $727.46 $231,656.79
36 $3,105.45 $2,385.39 $720.07 $229,271.40
37 $3,105.45 $2,392.80 $712.65 $226,878.60
38 $3,105.45 $2,400.24 $705.21 $224,478.36
39 $3,105.45 $2,407.70 $697.75 $222,070.66
40 $3,105.45 $2,415.18 $690.27 $219,655.48
41 $3,105.45 $2,422.69 $682.76 $217,232.79
42 $3,105.45 $2,430.22 $675.23 $214,802.57
43 $3,105.45 $2,437.77 $667.68 $212,364.80
44 $3,105.45 $2,445.35 $660.10 $209,919.45
45 $3,105.45 $2,452.95 $652.50 $207,466.50
46 $3,105.45 $2,460.58 $644.88 $205,005.92
47 $3,105.45 $2,468.23 $637.23 $202,537.69
48 $3,105.45 $2,475.90 $629.55 $200,061.80
49 $3,105.45 $2,483.59 $621.86 $197,578.20
50 $3,105.45 $2,491.31 $614.14 $195,086.89
51 $3,105.45 $2,499.06 $606.40 $192,587.84
52 $3,105.45 $2,506.82 $598.63 $190,081.01
53 $3,105.45 $2,514.62 $590.84 $187,566.39
54 $3,105.45 $2,522.43 $583.02 $185,043.96
55 $3,105.45 $2,530.27 $575.18 $182,513.69
56 $3,105.45 $2,538.14 $567.31 $179,975.55
57 $3,105.45 $2,546.03 $559.42 $177,429.52
58 $3,105.45 $2,553.94 $551.51 $174,875.58
59 $3,105.45 $2,561.88 $543.57 $172,313.70
60 $3,105.45 $2,569.84 $535.61 $169,743.86
61 $3,105.45 $2,577.83 $527.62 $167,166.03
62 $3,105.45 $2,585.84 $519.61 $164,580.18
63 $3,105.45 $2,593.88 $511.57 $161,986.30
64 $3,105.45 $2,601.94 $503.51 $159,384.36
65 $3,105.45 $2,610.03 $495.42 $156,774.32
66 $3,105.45 $2,618.14 $487.31 $154,156.18
67 $3,105.45 $2,626.28 $479.17 $151,529.90
68 $3,105.45 $2,634.45 $471.01 $148,895.45
69 $3,105.45 $2,642.64 $462.82 $146,252.81
70 $3,105.45 $2,650.85 $454.60 $143,601.96
71 $3,105.45 $2,659.09 $446.36 $140,942.88
72 $3,105.45 $2,667.35 $438.10 $138,275.52
73 $3,105.45 $2,675.65 $429.81 $135,599.88
74 $3,105.45 $2,683.96 $421.49 $132,915.91
75 $3,105.45 $2,692.30 $413.15 $130,223.61
76 $3,105.45 $2,700.67 $404.78 $127,522.94
77 $3,105.45 $2,709.07 $396.38 $124,813.87
78 $3,105.45 $2,717.49 $387.96 $122,096.38
79 $3,105.45 $2,725.94 $379.52 $119,370.44
80 $3,105.45 $2,734.41 $371.04 $116,636.04
81 $3,105.45 $2,742.91 $362.54 $113,893.13
82 $3,105.45 $2,751.43 $354.02 $111,141.69
83 $3,105.45 $2,759.99 $345.47 $108,381.71
84 $3,105.45 $2,768.57 $336.89 $105,613.14
85 $3,105.45 $2,777.17 $328.28 $102,835.97
86 $3,105.45 $2,785.80 $319.65 $100,050.17
87 $3,105.45 $2,794.46 $310.99 $97,255.71
88 $3,105.45 $2,803.15 $302.30 $94,452.56
89 $3,105.45 $2,811.86 $293.59 $91,640.69
90 $3,105.45 $2,820.60 $284.85 $88,820.09
91 $3,105.45 $2,829.37 $276.08 $85,990.72
92 $3,105.45 $2,838.16 $267.29 $83,152.56
93 $3,105.45 $2,846.99 $258.47 $80,305.57
94 $3,105.45 $2,855.84 $249.62 $77,449.74
95 $3,105.45 $2,864.71 $240.74 $74,585.03
96 $3,105.45 $2,873.62 $231.84 $71,711.41
97 $3,105.45 $2,882.55 $222.90 $68,828.86
98 $3,105.45 $2,891.51 $213.94 $65,937.35
99 $3,105.45 $2,900.50 $204.96 $63,036.86
100 $3,105.45 $2,909.51 $195.94 $60,127.34
101 $3,105.45 $2,918.56 $186.90 $57,208.79
102 $3,105.45 $2,927.63 $177.82 $54,281.16
103 $3,105.45 $2,936.73 $168.72 $51,344.43
104 $3,105.45 $2,945.86 $159.60 $48,398.58
105 $3,105.45 $2,955.01 $150.44 $45,443.56
106 $3,105.45 $2,964.20 $141.25 $42,479.37
107 $3,105.45 $2,973.41 $132.04 $39,505.95
108 $3,105.45 $2,982.65 $122.80 $36,523.30
109 $3,105.45 $2,991.93 $113.53 $33,531.37
110 $3,105.45 $3,001.23 $104.23 $30,530.15
111 $3,105.45 $3,010.55 $94.90 $27,519.60
112 $3,105.45 $3,019.91 $85.54 $24,499.68
113 $3,105.45 $3,029.30 $76.15 $21,470.39
114 $3,105.45 $3,038.71 $66.74 $18,431.67
115 $3,105.45 $3,048.16 $57.29 $15,383.51
116 $3,105.45 $3,057.63 $47.82 $12,325.88
117 $3,105.45 $3,067.14 $38.31 $9,258.74
118 $3,105.45 $3,076.67 $28.78 $6,182.06
119 $3,105.45 $3,086.24 $19.22 $3,095.83
120 $3,105.45 $3,095.83 $9.62 $0.00