Office of Financial Aid
USF Health

Sample Repayment Schedule

Your monthly loan payments are based on the total amount of the principal outstanding at the time you enter repayment, the length of the repayment term and the actual interest rate. The following table illustrates the repayment terms and estimated monthly payment amounts at various levels of indebtedness for SFSL, UFSL, GradPLUS, and ALP programs. The payment amounts for UFSL, GradPLUS, and ALP loans do not account for any accrued interest.

 

Estimated Monthly Payments Based on 10-year Repayment Period

Total Amount Due Loan at 7% Loan at 8% Loan at 9%
Monthly Payment Total Interest Monthly Payment Total Interest Monthly Payment Total Interest
$ 10,000 $ 116.11 $ 3,933 $ 131.33 $ 4,599 $ 126.68 $ 5,201
$ 15,000 $ 174.16 $ 5,900 $ 181.99 $ 6,839 $ 190.01 $ 7,802
$ 20,000 $ 232.22 $ 7,866 $ 242.66 $ 9,199 $ 253.35 $ 10 402
$ 25,000 $ 290.27 $ 9,833 $ 303.32 $ 11,398 $ 316.69 $ 13,003
$ 30,000 $ 348.33 $ 11,799 $ 363.98 $ 13,678 $ 380.03 $ 15,603
$ 40,000 $ 464.43 $ 15,732 $ 485.31 $ 18,237 $ 506.70 $ 20,804
$ 50,000 $ 580.54 $ 19,668 $ 606.64 $ 22,797 $ 633.38 $ 26,005
$ 60,000 $ 696.65 $ 23,598 $ 727.97 $ 27,356 $ 760.05 $ 31,207
$ 70,000 $ 812.76 $ 27,531 $ 849.29 $ 31,915 $ 886.73 $ 36,408
$ 80,000 $ 928.87 $ 31,464 $ 970.62 $ 36,474 $ 1,013.41 $ 41,609
$ 90,000 $ 1,044.98 $ 35,397 $ 1,091.95 $ 41,034 $ 1,140.08 $ 46,810
$ 100,000 $ 1,161.08 $ 39,330 $ 1,213.28 $ 45,593 $ 1,266.76 $ 52,011

Online loan payment calculator: http://www.finaid.org/calculators/loanpayments.phtml