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Topics:
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Calculators:
- Student Loan Consolidation Calculator
- Auto Loan Calculator (Coming Soon)
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Student Loan Consolidation Calculator
Federal student loans have variable interest rates set by the Federal Government
each July. By consolidating this year, you are able to lock in the new lower rates
for any eligible federal loans. In order to calculate your new rate and monthly
payment, please enter each loan amount and interest rate in the calculator. If you
are unsure of your current rates, please refer to the chart below. Please be sure
to enter your base interest rate, and not a rate that includes incentives you may
have with your current lenders. While you enter your loan information, the results
will automatically calculate for you and display at the bottom.
Please note that these calculations are estimates only and are dependent on
verification by your current lenders.
Current Rates
| Loan Type |
Date Disbursed |
Grace Period Rate |
Repayment Rate |
| Stafford |
7/1998 - 6/2004 |
2.82% |
3.42% |
| PLUS |
7/1998 - 6/2004 |
4.22% |
4.22% |
| Perkins |
Any |
5.00% |
5.00% |
Calculator
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