Student Loan Payment Calculator for Portland State University

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $117,780.00 to attend Portland State University. With a standard repayment plan you will pay a fixed amount each month until your loan is paid in full.

A full amortization table and payoff chart is available below.

Portland State University Student Loan Payments
Example Payments
Monthly Loan Payment$1,278.22
Amount Borrowed$117,780.00
Interest Rate5.5%
Term years
Number of Monthly Payments120
Total Interest Cost$35,606.70
Sum of All Payments over 10 years

Loan Affordability

To keep student loan repayment affordable, it is recommended not to borrow more than you can pay back using 10% of your monthly income. Under these parameters you would need a post graduation salary of $153,386.70 to afford the $1,278.22 monthly payment in the loan modeled above.

Re-calculate the Loan

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Portland State University student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $1,278.22 $738.40 $539.83 $117,041.60
2 $1,278.22 $741.78 $536.44 $116,299.82
3 $1,278.22 $745.18 $533.04 $115,554.64
4 $1,278.22 $748.60 $529.63 $114,806.04
5 $1,278.22 $752.03 $526.19 $114,054.01
6 $1,278.22 $755.47 $522.75 $113,298.54
7 $1,278.22 $758.94 $519.28 $112,539.60
8 $1,278.22 $762.42 $515.81 $111,777.19
9 $1,278.22 $765.91 $512.31 $111,011.27
10 $1,278.22 $769.42 $508.80 $110,241.85
11 $1,278.22 $772.95 $505.28 $109,468.91
12 $1,278.22 $776.49 $501.73 $108,692.42
13 $1,278.22 $780.05 $498.17 $107,912.37
14 $1,278.22 $783.62 $494.60 $107,128.74
15 $1,278.22 $787.22 $491.01 $106,341.53
16 $1,278.22 $790.82 $487.40 $105,550.70
17 $1,278.22 $794.45 $483.77 $104,756.26
18 $1,278.22 $798.09 $480.13 $103,958.17
19 $1,278.22 $801.75 $476.47 $103,156.42
20 $1,278.22 $805.42 $472.80 $102,351.00
21 $1,278.22 $809.11 $469.11 $101,541.88
22 $1,278.22 $812.82 $465.40 $100,729.06
23 $1,278.22 $816.55 $461.67 $99,912.51
24 $1,278.22 $820.29 $457.93 $99,092.22
25 $1,278.22 $824.05 $454.17 $98,268.17
26 $1,278.22 $827.83 $450.40 $97,440.35
27 $1,278.22 $831.62 $446.60 $96,608.72
28 $1,278.22 $835.43 $442.79 $95,773.29
29 $1,278.22 $839.26 $438.96 $94,934.03
30 $1,278.22 $843.11 $435.11 $94,090.92
31 $1,278.22 $846.97 $431.25 $93,243.95
32 $1,278.22 $850.85 $427.37 $92,393.10
33 $1,278.22 $854.75 $423.47 $91,538.34
34 $1,278.22 $858.67 $419.55 $90,679.67
35 $1,278.22 $862.61 $415.62 $89,817.06
36 $1,278.22 $866.56 $411.66 $88,950.50
37 $1,278.22 $870.53 $407.69 $88,079.97
38 $1,278.22 $874.52 $403.70 $87,205.45
39 $1,278.22 $878.53 $399.69 $86,326.92
40 $1,278.22 $882.56 $395.67 $85,444.36
41 $1,278.22 $886.60 $391.62 $84,557.76
42 $1,278.22 $890.67 $387.56 $83,667.09
43 $1,278.22 $894.75 $383.47 $82,772.34
44 $1,278.22 $898.85 $379.37 $81,873.49
45 $1,278.22 $902.97 $375.25 $80,970.52
46 $1,278.22 $907.11 $371.11 $80,063.42
47 $1,278.22 $911.27 $366.96 $79,152.15
48 $1,278.22 $915.44 $362.78 $78,236.71
49 $1,278.22 $919.64 $358.58 $77,317.07
50 $1,278.22 $923.85 $354.37 $76,393.22
51 $1,278.22 $928.09 $350.14 $75,465.13
52 $1,278.22 $932.34 $345.88 $74,532.79
53 $1,278.22 $936.61 $341.61 $73,596.18
54 $1,278.22 $940.91 $337.32 $72,655.27
55 $1,278.22 $945.22 $333.00 $71,710.05
56 $1,278.22 $949.55 $328.67 $70,760.50
57 $1,278.22 $953.90 $324.32 $69,806.60
58 $1,278.22 $958.28 $319.95 $68,848.32
59 $1,278.22 $962.67 $315.55 $67,885.65
60 $1,278.22 $967.08 $311.14 $66,918.57
61 $1,278.22 $971.51 $306.71 $65,947.06
62 $1,278.22 $975.97 $302.26 $64,971.09
63 $1,278.22 $980.44 $297.78 $63,990.66
64 $1,278.22 $984.93 $293.29 $63,005.72
65 $1,278.22 $989.45 $288.78 $62,016.28
66 $1,278.22 $993.98 $284.24 $61,022.30
67 $1,278.22 $998.54 $279.69 $60,023.76
68 $1,278.22 $1,003.11 $275.11 $59,020.65
69 $1,278.22 $1,007.71 $270.51 $58,012.94
70 $1,278.22 $1,012.33 $265.89 $57,000.61
71 $1,278.22 $1,016.97 $261.25 $55,983.64
72 $1,278.22 $1,021.63 $256.59 $54,962.00
73 $1,278.22 $1,026.31 $251.91 $53,935.69
74 $1,278.22 $1,031.02 $247.21 $52,904.67
75 $1,278.22 $1,035.74 $242.48 $51,868.93
76 $1,278.22 $1,040.49 $237.73 $50,828.44
77 $1,278.22 $1,045.26 $232.96 $49,783.18
78 $1,278.22 $1,050.05 $228.17 $48,733.13
79 $1,278.22 $1,054.86 $223.36 $47,678.27
80 $1,278.22 $1,059.70 $218.53 $46,618.57
81 $1,278.22 $1,064.55 $213.67 $45,554.02
82 $1,278.22 $1,069.43 $208.79 $44,484.59
83 $1,278.22 $1,074.33 $203.89 $43,410.25
84 $1,278.22 $1,079.26 $198.96 $42,330.99
85 $1,278.22 $1,084.21 $194.02 $41,246.79
86 $1,278.22 $1,089.17 $189.05 $40,157.61
87 $1,278.22 $1,094.17 $184.06 $39,063.45
88 $1,278.22 $1,099.18 $179.04 $37,964.26
89 $1,278.22 $1,104.22 $174.00 $36,860.04
90 $1,278.22 $1,109.28 $168.94 $35,750.76
91 $1,278.22 $1,114.36 $163.86 $34,636.40
92 $1,278.22 $1,119.47 $158.75 $33,516.93
93 $1,278.22 $1,124.60 $153.62 $32,392.32
94 $1,278.22 $1,129.76 $148.46 $31,262.57
95 $1,278.22 $1,134.94 $143.29 $30,127.63
96 $1,278.22 $1,140.14 $138.08 $28,987.49
97 $1,278.22 $1,145.36 $132.86 $27,842.13
98 $1,278.22 $1,150.61 $127.61 $26,691.52
99 $1,278.22 $1,155.89 $122.34 $25,535.63
100 $1,278.22 $1,161.18 $117.04 $24,374.45
101 $1,278.22 $1,166.51 $111.72 $23,207.94
102 $1,278.22 $1,171.85 $106.37 $22,036.09
103 $1,278.22 $1,177.22 $101.00 $20,858.86
104 $1,278.22 $1,182.62 $95.60 $19,676.24
105 $1,278.22 $1,188.04 $90.18 $18,488.20
106 $1,278.22 $1,193.48 $84.74 $17,294.72
107 $1,278.22 $1,198.96 $79.27 $16,095.76
108 $1,278.22 $1,204.45 $73.77 $14,891.31
109 $1,278.22 $1,209.97 $68.25 $13,681.34
110 $1,278.22 $1,215.52 $62.71 $12,465.83
111 $1,278.22 $1,221.09 $57.14 $11,244.74
112 $1,278.22 $1,226.68 $51.54 $10,018.06
113 $1,278.22 $1,232.31 $45.92 $8,785.75
114 $1,278.22 $1,237.95 $40.27 $7,547.79
115 $1,278.22 $1,243.63 $34.59 $6,304.17
116 $1,278.22 $1,249.33 $28.89 $5,054.84
117 $1,278.22 $1,255.05 $23.17 $3,799.78
118 $1,278.22 $1,260.81 $17.42 $2,538.98
119 $1,278.22 $1,266.59 $11.64 $1,272.39
120 $1,278.22 $1,272.39 $5.83 $0.00