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What it will be like to repay loans.

How much will you have to pay each month once you start repaying your college loan? Use this calculator to find out, assuming you use a Standard Repayment Plan for federal education loans.

Please note: This calculator works best if you don't use dollar signs or commas in the spaces provided. It requires the use of Internet Explorer 4.0 or higher or Netscape 2.0 or higher. If your computer doesn't have one of these browsers, call us at 1-800-552-3006, and we'll calculate your loan payment over the phone for you.

Type of Loan
 
Principal
Stafford Loan
PLUS Loan
 

$





Estimated Monthly Payment
$ ()*

The monthly payment is an automated calculation based upon the information you entered. Your actual monthly payment may be different. SunTrust does not warrant the accuracy of this information.

* Footnotes:

  1. 10-year repayment at current rate of 6.80% (An origination fee of 0.50% and a default fee of 1% will be calculated based on, and deducted from, each disbursement.)

  2. 10-year repayment at current rate of 8.50% (An origination fee of 3% and a default fee of 1% will be calculated based on, and deducted from, each disbursement.)

    Due to default and origination fees, actual annual percentage rates (APRs) will exceed the above interest rates.



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