Repayment
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How to use this calculator...
Enter as many loans as you want to consolidate.
Enter the interest rate (ex. 5.5, not .055).
You DO NOT have to enter a principal and interest rate into each of the boxes. Enter only as many as you want to consolidate.
This calculator assumes a standard repayment plan.
How is the interest rate calculated?
Loan
Principal
Interest
Loan 1:
$
%
Loan 2:
$
%
Loan 3:
$
%
Loan 4:
$
%
Loan 5:
$
%
Loan 6:
$
%
Loan 7:
$
%
Loan 8:
$
%
Loan 9:
$
%
Loan 10:
$
%
Your consolidation estimates:
Amount of your consolidation loan:
$
Fixed interest rate:
%
Repayment period (max length):
yrs.
Monthly payment:
$
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