Student Loan Payment Calculator for Regent University

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $120,972.00 to attend Regent 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.

Regent University Student Loan Payments
Example Payments
Monthly Loan Payment$1,209.32
Amount Borrowed$120,972.00
Interest Rate3.73%
Term years
Number of Monthly Payments120
Total Interest Cost$24,146.35
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 $145,118.35 to afford the $1,209.32 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 Regent University student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $1,209.32 $833.30 $376.02 $120,138.70
2 $1,209.32 $835.89 $373.43 $119,302.81
3 $1,209.32 $838.49 $370.83 $118,464.33
4 $1,209.32 $841.09 $368.23 $117,623.23
5 $1,209.32 $843.71 $365.61 $116,779.53
6 $1,209.32 $846.33 $362.99 $115,933.20
7 $1,209.32 $848.96 $360.36 $115,084.24
8 $1,209.32 $851.60 $357.72 $114,232.64
9 $1,209.32 $854.25 $355.07 $113,378.39
10 $1,209.32 $856.90 $352.42 $112,521.49
11 $1,209.32 $859.57 $349.75 $111,661.92
12 $1,209.32 $862.24 $347.08 $110,799.69
13 $1,209.32 $864.92 $344.40 $109,934.77
14 $1,209.32 $867.61 $341.71 $109,067.16
15 $1,209.32 $870.30 $339.02 $108,196.86
16 $1,209.32 $873.01 $336.31 $107,323.85
17 $1,209.32 $875.72 $333.60 $106,448.13
18 $1,209.32 $878.44 $330.88 $105,569.69
19 $1,209.32 $881.17 $328.15 $104,688.51
20 $1,209.32 $883.91 $325.41 $103,804.60
21 $1,209.32 $886.66 $322.66 $102,917.94
22 $1,209.32 $889.42 $319.90 $102,028.53
23 $1,209.32 $892.18 $317.14 $101,136.34
24 $1,209.32 $894.95 $314.37 $100,241.39
25 $1,209.32 $897.74 $311.58 $99,343.65
26 $1,209.32 $900.53 $308.79 $98,443.13
27 $1,209.32 $903.33 $305.99 $97,539.80
28 $1,209.32 $906.13 $303.19 $96,633.67
29 $1,209.32 $908.95 $300.37 $95,724.72
30 $1,209.32 $911.78 $297.54 $94,812.94
31 $1,209.32 $914.61 $294.71 $93,898.33
32 $1,209.32 $917.45 $291.87 $92,980.88
33 $1,209.32 $920.30 $289.02 $92,060.58
34 $1,209.32 $923.16 $286.15 $91,137.41
35 $1,209.32 $926.03 $283.29 $90,211.38
36 $1,209.32 $928.91 $280.41 $89,282.47
37 $1,209.32 $931.80 $277.52 $88,350.67
38 $1,209.32 $934.70 $274.62 $87,415.97
39 $1,209.32 $937.60 $271.72 $86,478.37
40 $1,209.32 $940.52 $268.80 $85,537.85
41 $1,209.32 $943.44 $265.88 $84,594.41
42 $1,209.32 $946.37 $262.95 $83,648.04
43 $1,209.32 $949.31 $260.01 $82,698.73
44 $1,209.32 $952.26 $257.06 $81,746.46
45 $1,209.32 $955.22 $254.10 $80,791.24
46 $1,209.32 $958.19 $251.13 $79,833.05
47 $1,209.32 $961.17 $248.15 $78,871.87
48 $1,209.32 $964.16 $245.16 $77,907.71
49 $1,209.32 $967.16 $242.16 $76,940.56
50 $1,209.32 $970.16 $239.16 $75,970.40
51 $1,209.32 $973.18 $236.14 $74,997.22
52 $1,209.32 $976.20 $233.12 $74,021.01
53 $1,209.32 $979.24 $230.08 $73,041.78
54 $1,209.32 $982.28 $227.04 $72,059.50
55 $1,209.32 $985.33 $223.98 $71,074.16
56 $1,209.32 $988.40 $220.92 $70,085.76
57 $1,209.32 $991.47 $217.85 $69,094.29
58 $1,209.32 $994.55 $214.77 $68,099.74
59 $1,209.32 $997.64 $211.68 $67,102.10
60 $1,209.32 $1,000.74 $208.58 $66,101.36
61 $1,209.32 $1,003.85 $205.47 $65,097.50
62 $1,209.32 $1,006.97 $202.34 $64,090.53
63 $1,209.32 $1,010.10 $199.21 $63,080.42
64 $1,209.32 $1,013.24 $196.07 $62,067.18
65 $1,209.32 $1,016.39 $192.93 $61,050.78
66 $1,209.32 $1,019.55 $189.77 $60,031.23
67 $1,209.32 $1,022.72 $186.60 $59,008.51
68 $1,209.32 $1,025.90 $183.42 $57,982.60
69 $1,209.32 $1,029.09 $180.23 $56,953.51
70 $1,209.32 $1,032.29 $177.03 $55,921.23
71 $1,209.32 $1,035.50 $173.82 $54,885.73
72 $1,209.32 $1,038.72 $170.60 $53,847.01
73 $1,209.32 $1,041.95 $167.37 $52,805.07
74 $1,209.32 $1,045.18 $164.14 $51,759.88
75 $1,209.32 $1,048.43 $160.89 $50,711.45
76 $1,209.32 $1,051.69 $157.63 $49,659.76
77 $1,209.32 $1,054.96 $154.36 $48,604.80
78 $1,209.32 $1,058.24 $151.08 $47,546.56
79 $1,209.32 $1,061.53 $147.79 $46,485.03
80 $1,209.32 $1,064.83 $144.49 $45,420.20
81 $1,209.32 $1,068.14 $141.18 $44,352.06
82 $1,209.32 $1,071.46 $137.86 $43,280.60
83 $1,209.32 $1,074.79 $134.53 $42,205.81
84 $1,209.32 $1,078.13 $131.19 $41,127.68
85 $1,209.32 $1,081.48 $127.84 $40,046.20
86 $1,209.32 $1,084.84 $124.48 $38,961.36
87 $1,209.32 $1,088.21 $121.10 $37,873.15
88 $1,209.32 $1,091.60 $117.72 $36,781.55
89 $1,209.32 $1,094.99 $114.33 $35,686.56
90 $1,209.32 $1,098.39 $110.93 $34,588.16
91 $1,209.32 $1,101.81 $107.51 $33,486.36
92 $1,209.32 $1,105.23 $104.09 $32,381.12
93 $1,209.32 $1,108.67 $100.65 $31,272.46
94 $1,209.32 $1,112.11 $97.21 $30,160.34
95 $1,209.32 $1,115.57 $93.75 $29,044.77
96 $1,209.32 $1,119.04 $90.28 $27,925.73
97 $1,209.32 $1,122.52 $86.80 $26,803.21
98 $1,209.32 $1,126.01 $83.31 $25,677.21
99 $1,209.32 $1,129.51 $79.81 $24,547.70
100 $1,209.32 $1,133.02 $76.30 $23,414.68
101 $1,209.32 $1,136.54 $72.78 $22,278.15
102 $1,209.32 $1,140.07 $69.25 $21,138.07
103 $1,209.32 $1,143.62 $65.70 $19,994.46
104 $1,209.32 $1,147.17 $62.15 $18,847.29
105 $1,209.32 $1,150.74 $58.58 $17,696.55
106 $1,209.32 $1,154.31 $55.01 $16,542.24
107 $1,209.32 $1,157.90 $51.42 $15,384.34
108 $1,209.32 $1,161.50 $47.82 $14,222.84
109 $1,209.32 $1,165.11 $44.21 $13,057.73
110 $1,209.32 $1,168.73 $40.59 $11,889.00
111 $1,209.32 $1,172.36 $36.95 $10,716.63
112 $1,209.32 $1,176.01 $33.31 $9,540.62
113 $1,209.32 $1,179.66 $29.66 $8,360.96
114 $1,209.32 $1,183.33 $25.99 $7,177.63
115 $1,209.32 $1,187.01 $22.31 $5,990.62
116 $1,209.32 $1,190.70 $18.62 $4,799.92
117 $1,209.32 $1,194.40 $14.92 $3,605.52
118 $1,209.32 $1,198.11 $11.21 $2,407.41
119 $1,209.32 $1,201.84 $7.48 $1,205.57
120 $1,209.32 $1,205.57 $3.75 $0.00