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Consolidation Calculator

This calculator will help estimate your Consolidation Loan repayment period, monthly payment amount, and the total interest paid using Standard and Graduated Repayment Schedules.

For each of your student loans:

  1. Select the loan type
  2. Enter the current interest rate
  3. Enter the outstanding balance (rounded to the nearest whole dollar)
  4. Check the box on the right, if you want to include this loan in your Consolidation Loan. (If you do not check this box, this loan will not be included in your Consolidation Loan estimate but will be included in determining your maximum repayment period.)
  5. Press the calculate button, once you have entered all of your loan information
Loan # Loan Type Current
Interest Rate(%)
Outstanding Balance Include
Loan 1
Loan 2
Loan 3
Loan 4
Loan 5
Loan 6
Loan 7
Loan 8
Loan 9
 
 
 
Loan Balance and Interest Rate Information
 
Total Loan Balance
Minus Any Selected HEAL Loan Amounts



Estimated Interest Rate
%


HEAL Loan Balance



Estimated Interest Rate
%
 
Standard Repayment Schedule - Estimates
Repayment Term Monthly Payment   Total Interest Total Cost
Months  
Graduated Repayment Schedule - Estimates
Repayment Term First 1/4 Monthly Payment Second 1/4 Monthly Payment Final 1/2 Monthly Payment Total Interest Total Cost
Months