Can You Afford To Repay Your Student Loans?

Borrowing money for college is relatively simple, but paying it back can be seriously difficult if you don’t plan ahead. Find out what percentage of your income will need to go toward your loans, and how that can affect your quality of life.

Don’t like what you see? Find out how you may be able to reduce, postpone, or eliminate your student loan payments!

Assumptions
Anticipated annual income upon graduation ($) 
Original loan amount ($) 
Annual interest rate (%) 
Initial payment period (months) 
   

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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