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Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $97,380.00 to attend DeVry University Utah. 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.

DeVry University Utah Student Loan Payments
Example Payments
Monthly Loan Payment$1,006.89
Amount Borrowed$97,380.00
Interest Rate4.5%
Term years
Number of Monthly Payments120
Total Interest Cost$23,446.25
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 $120,826.25 to afford the $1,006.89 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 DeVry University Utah student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $1,006.89 $645.77 $361.12 $96,734.23
2 $1,006.89 $648.16 $358.72 $96,086.07
3 $1,006.89 $650.57 $356.32 $95,435.50
4 $1,006.89 $652.98 $353.91 $94,782.52
5 $1,006.89 $655.40 $351.49 $94,127.12
6 $1,006.89 $657.83 $349.05 $93,469.29
7 $1,006.89 $660.27 $346.62 $92,809.02
8 $1,006.89 $662.72 $344.17 $92,146.30
9 $1,006.89 $665.18 $341.71 $91,481.13
10 $1,006.89 $667.64 $339.24 $90,813.49
11 $1,006.89 $670.12 $336.77 $90,143.37
12 $1,006.89 $672.60 $334.28 $89,470.76
13 $1,006.89 $675.10 $331.79 $88,795.67
14 $1,006.89 $677.60 $329.28 $88,118.06
15 $1,006.89 $680.11 $326.77 $87,437.95
16 $1,006.89 $682.64 $324.25 $86,755.31
17 $1,006.89 $685.17 $321.72 $86,070.15
18 $1,006.89 $687.71 $319.18 $85,382.44
19 $1,006.89 $690.26 $316.63 $84,692.18
20 $1,006.89 $692.82 $314.07 $83,999.36
21 $1,006.89 $695.39 $311.50 $83,303.97
22 $1,006.89 $697.97 $308.92 $82,606.01
23 $1,006.89 $700.55 $306.33 $81,905.45
24 $1,006.89 $703.15 $303.73 $81,202.30
25 $1,006.89 $705.76 $301.13 $80,496.54
26 $1,006.89 $708.38 $298.51 $79,788.16
27 $1,006.89 $711.00 $295.88 $79,077.16
28 $1,006.89 $713.64 $293.24 $78,363.51
29 $1,006.89 $716.29 $290.60 $77,647.23
30 $1,006.89 $718.94 $287.94 $76,928.28
31 $1,006.89 $721.61 $285.28 $76,206.67
32 $1,006.89 $724.29 $282.60 $75,482.39
33 $1,006.89 $726.97 $279.91 $74,755.42
34 $1,006.89 $729.67 $277.22 $74,025.75
35 $1,006.89 $732.37 $274.51 $73,293.38
36 $1,006.89 $735.09 $271.80 $72,558.29
37 $1,006.89 $737.82 $269.07 $71,820.47
38 $1,006.89 $740.55 $266.33 $71,079.92
39 $1,006.89 $743.30 $263.59 $70,336.62
40 $1,006.89 $746.05 $260.83 $69,590.57
41 $1,006.89 $748.82 $258.07 $68,841.75
42 $1,006.89 $751.60 $255.29 $68,090.15
43 $1,006.89 $754.38 $252.50 $67,335.77
44 $1,006.89 $757.18 $249.70 $66,578.59
45 $1,006.89 $759.99 $246.90 $65,818.60
46 $1,006.89 $762.81 $244.08 $65,055.79
47 $1,006.89 $765.64 $241.25 $64,290.15
48 $1,006.89 $768.48 $238.41 $63,521.67
49 $1,006.89 $771.33 $235.56 $62,750.35
50 $1,006.89 $774.19 $232.70 $61,976.16
51 $1,006.89 $777.06 $229.83 $61,199.11
52 $1,006.89 $779.94 $226.95 $60,419.17
53 $1,006.89 $782.83 $224.05 $59,636.34
54 $1,006.89 $785.73 $221.15 $58,850.60
55 $1,006.89 $788.65 $218.24 $58,061.95
56 $1,006.89 $791.57 $215.31 $57,270.38
57 $1,006.89 $794.51 $212.38 $56,475.87
58 $1,006.89 $797.45 $209.43 $55,678.42
59 $1,006.89 $800.41 $206.47 $54,878.01
60 $1,006.89 $803.38 $203.51 $54,074.63
61 $1,006.89 $806.36 $200.53 $53,268.27
62 $1,006.89 $809.35 $197.54 $52,458.92
63 $1,006.89 $812.35 $194.54 $51,646.57
64 $1,006.89 $815.36 $191.52 $50,831.21
65 $1,006.89 $818.39 $188.50 $50,012.82
66 $1,006.89 $821.42 $185.46 $49,191.40
67 $1,006.89 $824.47 $182.42 $48,366.93
68 $1,006.89 $827.52 $179.36 $47,539.41
69 $1,006.89 $830.59 $176.29 $46,708.82
70 $1,006.89 $833.67 $173.21 $45,875.14
71 $1,006.89 $836.77 $170.12 $45,038.38
72 $1,006.89 $839.87 $167.02 $44,198.51
73 $1,006.89 $842.98 $163.90 $43,355.53
74 $1,006.89 $846.11 $160.78 $42,509.42
75 $1,006.89 $849.25 $157.64 $41,660.17
76 $1,006.89 $852.40 $154.49 $40,807.78
77 $1,006.89 $855.56 $151.33 $39,952.22
78 $1,006.89 $858.73 $148.16 $39,093.49
79 $1,006.89 $861.91 $144.97 $38,231.58
80 $1,006.89 $865.11 $141.78 $37,366.47
81 $1,006.89 $868.32 $138.57 $36,498.15
82 $1,006.89 $871.54 $135.35 $35,626.61
83 $1,006.89 $874.77 $132.12 $34,751.84
84 $1,006.89 $878.01 $128.87 $33,873.83
85 $1,006.89 $881.27 $125.62 $32,992.56
86 $1,006.89 $884.54 $122.35 $32,108.02
87 $1,006.89 $887.82 $119.07 $31,220.20
88 $1,006.89 $891.11 $115.77 $30,329.09
89 $1,006.89 $894.42 $112.47 $29,434.67
90 $1,006.89 $897.73 $109.15 $28,536.94
91 $1,006.89 $901.06 $105.82 $27,635.88
92 $1,006.89 $904.40 $102.48 $26,731.48
93 $1,006.89 $907.76 $99.13 $25,823.72
94 $1,006.89 $911.12 $95.76 $24,912.60
95 $1,006.89 $914.50 $92.38 $23,998.10
96 $1,006.89 $917.89 $88.99 $23,080.21
97 $1,006.89 $921.30 $85.59 $22,158.91
98 $1,006.89 $924.71 $82.17 $21,234.20
99 $1,006.89 $928.14 $78.74 $20,306.06
100 $1,006.89 $931.58 $75.30 $19,374.47
101 $1,006.89 $935.04 $71.85 $18,439.43
102 $1,006.89 $938.51 $68.38 $17,500.93
103 $1,006.89 $941.99 $64.90 $16,558.94
104 $1,006.89 $945.48 $61.41 $15,613.46
105 $1,006.89 $948.99 $57.90 $14,664.48
106 $1,006.89 $952.50 $54.38 $13,711.97
107 $1,006.89 $956.04 $50.85 $12,755.94
108 $1,006.89 $959.58 $47.30 $11,796.35
109 $1,006.89 $963.14 $43.74 $10,833.21
110 $1,006.89 $966.71 $40.17 $9,866.50
111 $1,006.89 $970.30 $36.59 $8,896.20
112 $1,006.89 $973.90 $32.99 $7,922.31
113 $1,006.89 $977.51 $29.38 $6,944.80
114 $1,006.89 $981.13 $25.75 $5,963.67
115 $1,006.89 $984.77 $22.12 $4,978.90
116 $1,006.89 $988.42 $18.46 $3,990.48
117 $1,006.89 $992.09 $14.80 $2,998.39
118 $1,006.89 $995.77 $11.12 $2,002.62
119 $1,006.89 $999.46 $7.43 $1,003.17
120 $1,006.89 $1,003.17 $3.72 $0.00