Here is a useful snapshot of monthly student loan payment amounts for students who borrow federal student loans and remain in the standard 10 year repayment program.
All repayment calculations assume a 3.4 % interest rate for subsidized loans and a 6.8% interest rate for unsubsidized loans.
Scenario 1 –
Assume Maximum Subsidized Federal Student Loans Each Year:
| Year 1 | Year 2 | Year 3 | Year 4 | Total Loans | Monthly Payment | |
| Loan taken | 3500 | 4500 | 5500 | 5500 | 19000 | 187 |
Scenario 2 –
Assume Maximum Subsidized and Unsubsidized Federal Student Loans Each Year:
| Year 1 | Year 2 | Year 3 | Year 4 | Total Loans | Monthly Payment* | |
| Sub Loans | 3500 | 4500 | 5500 | 5500 | 19000 | 187 |
| Unsub Loans | 2000 | 2000 | 2000 | 2000 | 8000 | 82 |
| Total Loans | 5500 | 6500 | 7500 | 7500 | 27000 | 269 |
Scenario 3 –
Assume Maximum Unsubsidized Federal Student Loans Each Year:
| Year 1 | Year 2 | Year 3 | Year 4 | Total Loans | Monthly Payment* | |
| Loans taken | 5500 | 6500 | 7500 | 7500 | 27000 | 276 |
