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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.
Go to studentaid.gov/manage-loans/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 https://studentaid.gov/ to view all your outstanding federal student loans and loan servicer information.