|
This
chart will help to estimate your monthly interest charges. Choose
the interest rate and loan amount closest to your own. Then follow
the calculation steps in the Calculate
Capitalized Interest section.
| Loan |
6.5% |
7% |
7.5% |
8% |
8.25% |
| $500 |
$2.71 |
$2.92 |
$3.13 |
$3.33 |
$3.44 |
| $1,000 |
5.42 |
5.83 |
6.25 |
6.67 |
6.88 |
| $2,000 |
10.83 |
11.67 |
12.50 |
13.33 |
13.75 |
| $3,000
|
16.25 |
17.50 |
18.75 |
20.00 |
20.63 |
| $3,500 |
18.96 |
20.42 |
21.88 |
23.33 |
24.06 |
| $4,000
|
21.67 |
23.33 |
25.00 |
26.67 |
27.50 |
| $5,000
|
27.08 |
29.17 |
31.25 |
33.33 |
34.38 |
| $5,500
|
29.79 |
32.08 |
34.38 |
36.67 |
37.81 |
| $6,000
|
32.50 |
35.00 |
37.50 |
40.00 |
41.25 |
| $7,000
|
37.92 |
40.83 |
43.75 |
46.67 |
48.13 |
| $8,000
|
43.33 |
46.67 |
50.00 |
53.33 |
55.00 |
| $8,500
|
46.04 |
49.58 |
53.13 |
56.67 |
58.44 |
|