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Loan Payment Calculator
Loan Payment Calculator figures an estimation of the size of your monthly loan payments and the annual salary required to deal with them and they don't require much financial difficulty. The Federal Stafford Loan has a fixed interest rate of 6.8% and the Federal PLUS loan has a fixed rate of 8.5%. This loan calculator also assumes that the loan will be repaid in equal monthly installments through standard loan paying off. The results will not be precise for some of the alternate repayment plans, such as graduated repayment and income dependent repayment.
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