This table provides an estimated monthly payment amount using a Standard Repayment Plan. The payments are at a fixed monthly payment amount with 10 years to repay the loan in full. The current interest rate for a Federal Direct Loan (subsidized and unsubsidized) is 6.39 percent*. It was assumed that the maximum amount of subsidized Federal Direct Loans was borrowed and the remaining amount was in unsubsidized Federal Direct Loans.
| Loan Amount | Fixed Interest Rate* | Estimated Monthly Payment | Total Estimated Amount Paid (Principal and Interest) |
Repayment Period |
|---|---|---|---|---|
| $3,500 | 6.39% | $50 | $4,391 | 89 Months |
| $4,500 | 6.39% | $51 | $6,101 | 120 Months / 10 years |
| $5,500 | 6.39% | $62 | $7,457 | 120 Months / 10 years |
| $6,500 | 6.39% | $73 | $8,813 | 120 Months / 10 years |
| $9,500 | 6.39% | $107 | $12,881 | 120 Months / 10 years |
| $10,500 | 6.39% | $119 | $14,237 | 120 Months / 10 years |
* Interest rate applies to loans first disbursed on or after July 1, 2025 and by June 30, 2026.
Visit Federal Student Loan Repayment Plans to learn about the various repayment plans and use the Loan Simulator to see your monthly payment estimates.
Log in to your account at StudentAid.gov to view all your outstanding federal student loans and loan servicer information.