Student Loan Payment Calculator for Metropolitan Community College Maple Woods

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $11,820.00 to attend Metropolitan Community College Maple Woods. 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.

Metropolitan Community College Maple Woods Student Loan Payments
Example Payments
Monthly Loan Payment$128.28
Amount Borrowed$11,820.00
Interest Rate5.5%
Term years
Number of Monthly Payments120
Total Interest Cost$3,573.37
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 $15,393.37 to afford the $128.28 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 Metropolitan Community College Maple Woods student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $128.28 $74.10 $54.17 $11,745.90
2 $128.28 $74.44 $53.84 $11,671.45
3 $128.28 $74.78 $53.49 $11,596.67
4 $128.28 $75.13 $53.15 $11,521.54
5 $128.28 $75.47 $52.81 $11,446.07
6 $128.28 $75.82 $52.46 $11,370.26
7 $128.28 $76.16 $52.11 $11,294.09
8 $128.28 $76.51 $51.76 $11,217.58
9 $128.28 $76.86 $51.41 $11,140.71
10 $128.28 $77.22 $51.06 $11,063.50
11 $128.28 $77.57 $50.71 $10,985.93
12 $128.28 $77.93 $50.35 $10,908.00
13 $128.28 $78.28 $50.00 $10,829.72
14 $128.28 $78.64 $49.64 $10,751.08
15 $128.28 $79.00 $49.28 $10,672.07
16 $128.28 $79.36 $48.91 $10,592.71
17 $128.28 $79.73 $48.55 $10,512.98
18 $128.28 $80.09 $48.18 $10,432.89
19 $128.28 $80.46 $47.82 $10,352.43
20 $128.28 $80.83 $47.45 $10,271.60
21 $128.28 $81.20 $47.08 $10,190.40
22 $128.28 $81.57 $46.71 $10,108.83
23 $128.28 $81.95 $46.33 $10,026.88
24 $128.28 $82.32 $45.96 $9,944.56
25 $128.28 $82.70 $45.58 $9,861.86
26 $128.28 $83.08 $45.20 $9,778.78
27 $128.28 $83.46 $44.82 $9,695.32
28 $128.28 $83.84 $44.44 $9,611.48
29 $128.28 $84.23 $44.05 $9,527.26
30 $128.28 $84.61 $43.67 $9,442.64
31 $128.28 $85.00 $43.28 $9,357.65
32 $128.28 $85.39 $42.89 $9,272.26
33 $128.28 $85.78 $42.50 $9,186.48
34 $128.28 $86.17 $42.10 $9,100.30
35 $128.28 $86.57 $41.71 $9,013.73
36 $128.28 $86.97 $41.31 $8,926.77
37 $128.28 $87.36 $40.91 $8,839.41
38 $128.28 $87.76 $40.51 $8,751.64
39 $128.28 $88.17 $40.11 $8,663.48
40 $128.28 $88.57 $39.71 $8,574.90
41 $128.28 $88.98 $39.30 $8,485.93
42 $128.28 $89.38 $38.89 $8,396.54
43 $128.28 $89.79 $38.48 $8,306.75
44 $128.28 $90.21 $38.07 $8,216.55
45 $128.28 $90.62 $37.66 $8,125.93
46 $128.28 $91.03 $37.24 $8,034.89
47 $128.28 $91.45 $36.83 $7,943.44
48 $128.28 $91.87 $36.41 $7,851.57
49 $128.28 $92.29 $35.99 $7,759.28
50 $128.28 $92.71 $35.56 $7,666.56
51 $128.28 $93.14 $35.14 $7,573.42
52 $128.28 $93.57 $34.71 $7,479.86
53 $128.28 $94.00 $34.28 $7,385.86
54 $128.28 $94.43 $33.85 $7,291.44
55 $128.28 $94.86 $33.42 $7,196.58
56 $128.28 $95.29 $32.98 $7,101.28
57 $128.28 $95.73 $32.55 $7,005.55
58 $128.28 $96.17 $32.11 $6,909.38
59 $128.28 $96.61 $31.67 $6,812.77
60 $128.28 $97.05 $31.23 $6,715.72
61 $128.28 $97.50 $30.78 $6,618.22
62 $128.28 $97.94 $30.33 $6,520.28
63 $128.28 $98.39 $29.88 $6,421.88
64 $128.28 $98.84 $29.43 $6,323.04
65 $128.28 $99.30 $28.98 $6,223.74
66 $128.28 $99.75 $28.53 $6,123.99
67 $128.28 $100.21 $28.07 $6,023.78
68 $128.28 $100.67 $27.61 $5,923.11
69 $128.28 $101.13 $27.15 $5,821.98
70 $128.28 $101.59 $26.68 $5,720.39
71 $128.28 $102.06 $26.22 $5,618.33
72 $128.28 $102.53 $25.75 $5,515.80
73 $128.28 $103.00 $25.28 $5,412.80
74 $128.28 $103.47 $24.81 $5,309.33
75 $128.28 $103.94 $24.33 $5,205.39
76 $128.28 $104.42 $23.86 $5,100.97
77 $128.28 $104.90 $23.38 $4,996.07
78 $128.28 $105.38 $22.90 $4,890.69
79 $128.28 $105.86 $22.42 $4,784.83
80 $128.28 $106.35 $21.93 $4,678.48
81 $128.28 $106.84 $21.44 $4,571.65
82 $128.28 $107.32 $20.95 $4,464.32
83 $128.28 $107.82 $20.46 $4,356.51
84 $128.28 $108.31 $19.97 $4,248.19
85 $128.28 $108.81 $19.47 $4,139.39
86 $128.28 $109.31 $18.97 $4,030.08
87 $128.28 $109.81 $18.47 $3,920.27
88 $128.28 $110.31 $17.97 $3,809.96
89 $128.28 $110.82 $17.46 $3,699.15
90 $128.28 $111.32 $16.95 $3,587.83
91 $128.28 $111.83 $16.44 $3,475.99
92 $128.28 $112.35 $15.93 $3,363.64
93 $128.28 $112.86 $15.42 $3,250.78
94 $128.28 $113.38 $14.90 $3,137.40
95 $128.28 $113.90 $14.38 $3,023.51
96 $128.28 $114.42 $13.86 $2,909.09
97 $128.28 $114.94 $13.33 $2,794.14
98 $128.28 $115.47 $12.81 $2,678.67
99 $128.28 $116.00 $12.28 $2,562.67
100 $128.28 $116.53 $11.75 $2,446.14
101 $128.28 $117.07 $11.21 $2,329.07
102 $128.28 $117.60 $10.67 $2,211.47
103 $128.28 $118.14 $10.14 $2,093.32
104 $128.28 $118.68 $9.59 $1,974.64
105 $128.28 $119.23 $9.05 $1,855.41
106 $128.28 $119.77 $8.50 $1,735.64
107 $128.28 $120.32 $7.96 $1,615.32
108 $128.28 $120.87 $7.40 $1,494.44
109 $128.28 $121.43 $6.85 $1,373.01
110 $128.28 $121.99 $6.29 $1,251.03
111 $128.28 $122.54 $5.73 $1,128.48
112 $128.28 $123.11 $5.17 $1,005.38
113 $128.28 $123.67 $4.61 $881.71
114 $128.28 $124.24 $4.04 $757.47
115 $128.28 $124.81 $3.47 $632.66
116 $128.28 $125.38 $2.90 $507.29
117 $128.28 $125.95 $2.33 $381.33
118 $128.28 $126.53 $1.75 $254.80
119 $128.28 $127.11 $1.17 $127.69
120 $128.28 $127.69 $0.59 $0.00