Parent PLUS Loan Calculator
Calculate your Parent PLUS loan payments and compare repayment options.
Loan Information
Max: $30,000
Important Information
- β’ Credit check required for Parent PLUS
- β’ No aggregate loan limit
- β’ Cannot be transferred to student
- β’ Eligible for income-contingent repayment
Monthly Payment
$365
Standard 10-year repayment plan
Loan Fees & Disbursement
Loan Amount$30,000
Origination Fee (4.228%)-$1,268
Amount Disbursed$28,732
Repayment Comparison
Standard (10-Year)$365/mo
Total: $43,773
Extended (25-Year)$233/mo
Total: $69,762
Graduated$219 β $511/mo
Payments increase every 2 years
Total Costs
Total Interest (10-Year)$13,773
Total Interest (25-Year)$39,762
In-School Deferred Interest$9,660