Graphic - Clark College Academics

Stafford Approximate Monthly Interest Chart

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





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