Student Loan Repayment Calculator

by Michael Mesic - Webmaster of Podiatry Foum 


I found a student loan repayment calculator that may be of some use to both students & doctors.

It can be found at:
www.canlearn.ca/English/fin/debtfreeguide/csl/hrdcloan/loanen.shtml

You can alter both the time taken to repay, interest rates & monthly payment.

As an example if you took 25 years to pay off a student loan of $150,000, at a rate of 9%, you would eventually
owe over $377,000 and have a monthly payment of $1259! 

 

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