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					                  Loan Repayment Calculators
             Fill out the gray boxes to calculate the values and dates you are looking for:

       To Find Monthly Payment Amount: (know expected full repayment date)
Outstanding Loan Amount                                          10000
Annual Interest Rate                                             4.80%
Start Date                                                    May 01, 2010
End Date Goal                                                 May 01, 2015
Approximate Number of Monthly Payments                             60
Monthly Payment Amount                                          $187.80


     To Find Full Repayment Date (Payments begin after a 6 month Grace Period)
Outstanding Loan Amount                                            10000
Annual Interest Rate                                               4.80%
Monthly Payment Amount                                            $115.08
Graduation Date                                                May 01, 2011
End of 6 month Grace Period                                   October 28, 2011
Number of Monthly Payments                                          107
Approximate Full Repayment Date                               August 10, 2020


         To Find Full Repayment Date (Begin Payments before Grace Period)
Outstanding Loan Amount                                            5000
Annual Interest Rate                                              6.80%
Monthly Payment Amount                                             126
Month Beginning Payments                                       May 01, 2010
Number of Monthly Payments                                          45
Approximate Full Repayment Date                              January 12, 2014

*Calculations assume 30 days in a month
**Calculations assume 30 day payment periods, lender may use different payment period lengths
***All Calculations are estimated and may not be exact

				
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posted:8/11/2011
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