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Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $66,128.00 to attend Potomac State College of West Virginia 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.

Potomac State College of West Virginia University Student Loan Payments
Example Payments
Monthly Loan Payment$683.75
Amount Borrowed$66,128.00
Interest Rate4.5%
Term years
Number of Monthly Payments120
Total Interest Cost$15,921.68
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 $82,049.68 to afford the $683.75 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 Potomac State College of West Virginia University student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $683.75 $438.52 $245.22 $65,689.48
2 $683.75 $440.15 $243.60 $65,249.33
3 $683.75 $441.78 $241.97 $64,807.55
4 $683.75 $443.42 $240.33 $64,364.13
5 $683.75 $445.06 $238.68 $63,919.06
6 $683.75 $446.71 $237.03 $63,472.35
7 $683.75 $448.37 $235.38 $63,023.98
8 $683.75 $450.03 $233.71 $62,573.95
9 $683.75 $451.70 $232.05 $62,122.24
10 $683.75 $453.38 $230.37 $61,668.87
11 $683.75 $455.06 $228.69 $61,213.81
12 $683.75 $456.75 $227.00 $60,757.06
13 $683.75 $458.44 $225.31 $60,298.62
14 $683.75 $460.14 $223.61 $59,838.48
15 $683.75 $461.85 $221.90 $59,376.64
16 $683.75 $463.56 $220.19 $58,913.08
17 $683.75 $465.28 $218.47 $58,447.80
18 $683.75 $467.00 $216.74 $57,980.79
19 $683.75 $468.74 $215.01 $57,512.06
20 $683.75 $470.47 $213.27 $57,041.59
21 $683.75 $472.22 $211.53 $56,569.37
22 $683.75 $473.97 $209.78 $56,095.40
23 $683.75 $475.73 $208.02 $55,619.67
24 $683.75 $477.49 $206.26 $55,142.18
25 $683.75 $479.26 $204.49 $54,662.92
26 $683.75 $481.04 $202.71 $54,181.88
27 $683.75 $482.82 $200.92 $53,699.06
28 $683.75 $484.61 $199.13 $53,214.44
29 $683.75 $486.41 $197.34 $52,728.03
30 $683.75 $488.21 $195.53 $52,239.82
31 $683.75 $490.02 $193.72 $51,749.79
32 $683.75 $491.84 $191.91 $51,257.95
33 $683.75 $493.67 $190.08 $50,764.29
34 $683.75 $495.50 $188.25 $50,268.79
35 $683.75 $497.33 $186.41 $49,771.46
36 $683.75 $499.18 $184.57 $49,272.28
37 $683.75 $501.03 $182.72 $48,771.25
38 $683.75 $502.89 $180.86 $48,268.36
39 $683.75 $504.75 $179.00 $47,763.61
40 $683.75 $506.62 $177.12 $47,256.99
41 $683.75 $508.50 $175.24 $46,748.48
42 $683.75 $510.39 $173.36 $46,238.09
43 $683.75 $512.28 $171.47 $45,725.81
44 $683.75 $514.18 $169.57 $45,211.63
45 $683.75 $516.09 $167.66 $44,695.54
46 $683.75 $518.00 $165.75 $44,177.54
47 $683.75 $519.92 $163.83 $43,657.62
48 $683.75 $521.85 $161.90 $43,135.77
49 $683.75 $523.79 $159.96 $42,611.98
50 $683.75 $525.73 $158.02 $42,086.26
51 $683.75 $527.68 $156.07 $41,558.58
52 $683.75 $529.63 $154.11 $41,028.95
53 $683.75 $531.60 $152.15 $40,497.35
54 $683.75 $533.57 $150.18 $39,963.78
55 $683.75 $535.55 $148.20 $39,428.23
56 $683.75 $537.53 $146.21 $38,890.69
57 $683.75 $539.53 $144.22 $38,351.17
58 $683.75 $541.53 $142.22 $37,809.64
59 $683.75 $543.54 $140.21 $37,266.10
60 $683.75 $545.55 $138.20 $36,720.55
61 $683.75 $547.58 $136.17 $36,172.97
62 $683.75 $549.61 $134.14 $35,623.37
63 $683.75 $551.64 $132.10 $35,071.72
64 $683.75 $553.69 $130.06 $34,518.03
65 $683.75 $555.74 $128.00 $33,962.29
66 $683.75 $557.80 $125.94 $33,404.49
67 $683.75 $559.87 $123.87 $32,844.62
68 $683.75 $561.95 $121.80 $32,282.67
69 $683.75 $564.03 $119.71 $31,718.63
70 $683.75 $566.12 $117.62 $31,152.51
71 $683.75 $568.22 $115.52 $30,584.29
72 $683.75 $570.33 $113.42 $30,013.96
73 $683.75 $572.45 $111.30 $29,441.51
74 $683.75 $574.57 $109.18 $28,866.94
75 $683.75 $576.70 $107.05 $28,290.24
76 $683.75 $578.84 $104.91 $27,711.41
77 $683.75 $580.98 $102.76 $27,130.42
78 $683.75 $583.14 $100.61 $26,547.28
79 $683.75 $585.30 $98.45 $25,961.98
80 $683.75 $587.47 $96.28 $25,374.51
81 $683.75 $589.65 $94.10 $24,784.86
82 $683.75 $591.84 $91.91 $24,193.02
83 $683.75 $594.03 $89.72 $23,598.99
84 $683.75 $596.23 $87.51 $23,002.76
85 $683.75 $598.45 $85.30 $22,404.31
86 $683.75 $600.66 $83.08 $21,803.65
87 $683.75 $602.89 $80.86 $21,200.75
88 $683.75 $605.13 $78.62 $20,595.63
89 $683.75 $607.37 $76.38 $19,988.25
90 $683.75 $609.62 $74.12 $19,378.63
91 $683.75 $611.88 $71.86 $18,766.74
92 $683.75 $614.15 $69.59 $18,152.59
93 $683.75 $616.43 $67.32 $17,536.16
94 $683.75 $618.72 $65.03 $16,917.44
95 $683.75 $621.01 $62.74 $16,296.43
96 $683.75 $623.31 $60.43 $15,673.12
97 $683.75 $625.63 $58.12 $15,047.49
98 $683.75 $627.95 $55.80 $14,419.54
99 $683.75 $630.27 $53.47 $13,789.27
100 $683.75 $632.61 $51.14 $13,156.66
101 $683.75 $634.96 $48.79 $12,521.70
102 $683.75 $637.31 $46.43 $11,884.38
103 $683.75 $639.68 $44.07 $11,244.71
104 $683.75 $642.05 $41.70 $10,602.66
105 $683.75 $644.43 $39.32 $9,958.23
106 $683.75 $646.82 $36.93 $9,311.41
107 $683.75 $649.22 $34.53 $8,662.20
108 $683.75 $651.63 $32.12 $8,010.57
109 $683.75 $654.04 $29.71 $7,356.53
110 $683.75 $656.47 $27.28 $6,700.06
111 $683.75 $658.90 $24.85 $6,041.16
112 $683.75 $661.34 $22.40 $5,379.82
113 $683.75 $663.80 $19.95 $4,716.02
114 $683.75 $666.26 $17.49 $4,049.76
115 $683.75 $668.73 $15.02 $3,381.03
116 $683.75 $671.21 $12.54 $2,709.82
117 $683.75 $673.70 $10.05 $2,036.12
118 $683.75 $676.20 $7.55 $1,359.93
119 $683.75 $678.70 $5.04 $681.22
120 $683.75 $681.22 $2.53 $0.00