Student Loan Payment Calculator for University of South Carolina Columbia

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $116,596.00 to attend University of South Carolina Columbia. 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.

University of South Carolina Columbia Student Loan Payments
Example Payments
Monthly Loan Payment$1,265.37
Amount Borrowed$116,596.00
Interest Rate5.5%
Term years
Number of Monthly Payments120
Total Interest Cost$35,248.76
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 $151,844.76 to afford the $1,265.37 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 University of South Carolina Columbia student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $1,265.37 $730.97 $534.40 $115,865.03
2 $1,265.37 $734.32 $531.05 $115,130.70
3 $1,265.37 $737.69 $527.68 $114,393.01
4 $1,265.37 $741.07 $524.30 $113,651.94
5 $1,265.37 $744.47 $520.90 $112,907.47
6 $1,265.37 $747.88 $517.49 $112,159.59
7 $1,265.37 $751.31 $514.06 $111,408.28
8 $1,265.37 $754.75 $510.62 $110,653.53
9 $1,265.37 $758.21 $507.16 $109,895.32
10 $1,265.37 $761.69 $503.69 $109,133.63
11 $1,265.37 $765.18 $500.20 $108,368.46
12 $1,265.37 $768.68 $496.69 $107,599.77
13 $1,265.37 $772.21 $493.17 $106,827.56
14 $1,265.37 $775.75 $489.63 $106,051.82
15 $1,265.37 $779.30 $486.07 $105,272.51
16 $1,265.37 $782.87 $482.50 $104,489.64
17 $1,265.37 $786.46 $478.91 $103,703.18
18 $1,265.37 $790.07 $475.31 $102,913.11
19 $1,265.37 $793.69 $471.69 $102,119.42
20 $1,265.37 $797.33 $468.05 $101,322.10
21 $1,265.37 $800.98 $464.39 $100,521.12
22 $1,265.37 $804.65 $460.72 $99,716.47
23 $1,265.37 $808.34 $457.03 $98,908.13
24 $1,265.37 $812.04 $453.33 $98,096.08
25 $1,265.37 $815.77 $449.61 $97,280.32
26 $1,265.37 $819.50 $445.87 $96,460.81
27 $1,265.37 $823.26 $442.11 $95,637.55
28 $1,265.37 $827.03 $438.34 $94,810.52
29 $1,265.37 $830.82 $434.55 $93,979.69
30 $1,265.37 $834.63 $430.74 $93,145.06
31 $1,265.37 $838.46 $426.91 $92,306.60
32 $1,265.37 $842.30 $423.07 $91,464.30
33 $1,265.37 $846.16 $419.21 $90,618.14
34 $1,265.37 $850.04 $415.33 $89,768.10
35 $1,265.37 $853.94 $411.44 $88,914.16
36 $1,265.37 $857.85 $407.52 $88,056.31
37 $1,265.37 $861.78 $403.59 $87,194.53
38 $1,265.37 $865.73 $399.64 $86,328.80
39 $1,265.37 $869.70 $395.67 $85,459.10
40 $1,265.37 $873.69 $391.69 $84,585.42
41 $1,265.37 $877.69 $387.68 $83,707.73
42 $1,265.37 $881.71 $383.66 $82,826.01
43 $1,265.37 $885.75 $379.62 $81,940.26
44 $1,265.37 $889.81 $375.56 $81,050.45
45 $1,265.37 $893.89 $371.48 $80,156.56
46 $1,265.37 $897.99 $367.38 $79,258.57
47 $1,265.37 $902.10 $363.27 $78,356.46
48 $1,265.37 $906.24 $359.13 $77,450.22
49 $1,265.37 $910.39 $354.98 $76,539.83
50 $1,265.37 $914.57 $350.81 $75,625.26
51 $1,265.37 $918.76 $346.62 $74,706.51
52 $1,265.37 $922.97 $342.40 $73,783.54
53 $1,265.37 $927.20 $338.17 $72,856.34
54 $1,265.37 $931.45 $333.92 $71,924.89
55 $1,265.37 $935.72 $329.66 $70,989.18
56 $1,265.37 $940.01 $325.37 $70,049.17
57 $1,265.37 $944.31 $321.06 $69,104.85
58 $1,265.37 $948.64 $316.73 $68,156.21
59 $1,265.37 $952.99 $312.38 $67,203.22
60 $1,265.37 $957.36 $308.01 $66,245.86
61 $1,265.37 $961.75 $303.63 $65,284.12
62 $1,265.37 $966.15 $299.22 $64,317.96
63 $1,265.37 $970.58 $294.79 $63,347.38
64 $1,265.37 $975.03 $290.34 $62,372.35
65 $1,265.37 $979.50 $285.87 $61,392.85
66 $1,265.37 $983.99 $281.38 $60,408.86
67 $1,265.37 $988.50 $276.87 $59,420.36
68 $1,265.37 $993.03 $272.34 $58,427.33
69 $1,265.37 $997.58 $267.79 $57,429.75
70 $1,265.37 $1,002.15 $263.22 $56,427.60
71 $1,265.37 $1,006.75 $258.63 $55,420.85
72 $1,265.37 $1,011.36 $254.01 $54,409.49
73 $1,265.37 $1,016.00 $249.38 $53,393.50
74 $1,265.37 $1,020.65 $244.72 $52,372.84
75 $1,265.37 $1,025.33 $240.04 $51,347.51
76 $1,265.37 $1,030.03 $235.34 $50,317.48
77 $1,265.37 $1,034.75 $230.62 $49,282.73
78 $1,265.37 $1,039.49 $225.88 $48,243.24
79 $1,265.37 $1,044.26 $221.11 $47,198.98
80 $1,265.37 $1,049.04 $216.33 $46,149.93
81 $1,265.37 $1,053.85 $211.52 $45,096.08
82 $1,265.37 $1,058.68 $206.69 $44,037.40
83 $1,265.37 $1,063.53 $201.84 $42,973.86
84 $1,265.37 $1,068.41 $196.96 $41,905.45
85 $1,265.37 $1,073.31 $192.07 $40,832.15
86 $1,265.37 $1,078.23 $187.15 $39,753.92
87 $1,265.37 $1,083.17 $182.21 $38,670.76
88 $1,265.37 $1,088.13 $177.24 $37,582.62
89 $1,265.37 $1,093.12 $172.25 $36,489.50
90 $1,265.37 $1,098.13 $167.24 $35,391.37
91 $1,265.37 $1,103.16 $162.21 $34,288.21
92 $1,265.37 $1,108.22 $157.15 $33,179.99
93 $1,265.37 $1,113.30 $152.07 $32,066.70
94 $1,265.37 $1,118.40 $146.97 $30,948.29
95 $1,265.37 $1,123.53 $141.85 $29,824.77
96 $1,265.37 $1,128.68 $136.70 $28,696.09
97 $1,265.37 $1,133.85 $131.52 $27,562.24
98 $1,265.37 $1,139.05 $126.33 $26,423.20
99 $1,265.37 $1,144.27 $121.11 $25,278.93
100 $1,265.37 $1,149.51 $115.86 $24,129.42
101 $1,265.37 $1,154.78 $110.59 $22,974.64
102 $1,265.37 $1,160.07 $105.30 $21,814.57
103 $1,265.37 $1,165.39 $99.98 $20,649.18
104 $1,265.37 $1,170.73 $94.64 $19,478.45
105 $1,265.37 $1,176.10 $89.28 $18,302.35
106 $1,265.37 $1,181.49 $83.89 $17,120.86
107 $1,265.37 $1,186.90 $78.47 $15,933.96
108 $1,265.37 $1,192.34 $73.03 $14,741.62
109 $1,265.37 $1,197.81 $67.57 $13,543.81
110 $1,265.37 $1,203.30 $62.08 $12,340.51
111 $1,265.37 $1,208.81 $56.56 $11,131.70
112 $1,265.37 $1,214.35 $51.02 $9,917.35
113 $1,265.37 $1,219.92 $45.45 $8,697.43
114 $1,265.37 $1,225.51 $39.86 $7,471.92
115 $1,265.37 $1,231.13 $34.25 $6,240.79
116 $1,265.37 $1,236.77 $28.60 $5,004.02
117 $1,265.37 $1,242.44 $22.94 $3,761.59
118 $1,265.37 $1,248.13 $17.24 $2,513.45
119 $1,265.37 $1,253.85 $11.52 $1,259.60
120 $1,265.37 $1,259.60 $5.77 $0.00