Student Loan Payment Calculator for West Virginia Junior College Charleston

Payments, Loan Cost and Prepayment Saving

Standard Loan Repayment Costs

Below are the details of a sample student loan if you borrowed $54,804.00 to attend West Virginia Junior College Charleston. 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.

West Virginia Junior College Charleston Student Loan Payments
Example Payments
Monthly Loan Payment$623.13
Amount Borrowed$54,804.00
Interest Rate6.53%
Term years
Number of Monthly Payments120
Total Interest Cost$19,971.02
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 $74,775.02 to afford the $623.13 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 West Virginia Junior College Charleston student loan.

Prepayment Option

Loan Balances Over Time

Student Loan Amortization Table

Month Payment Principal Interest Balance
1 $623.13 $324.90 $298.23 $54,479.10
2 $623.13 $326.67 $296.46 $54,152.43
3 $623.13 $328.45 $294.68 $53,823.99
4 $623.13 $330.23 $292.89 $53,493.75
5 $623.13 $332.03 $291.10 $53,161.72
6 $623.13 $333.84 $289.29 $52,827.89
7 $623.13 $335.65 $287.47 $52,492.23
8 $623.13 $337.48 $285.65 $52,154.75
9 $623.13 $339.32 $283.81 $51,815.44
10 $623.13 $341.16 $281.96 $51,474.27
11 $623.13 $343.02 $280.11 $51,131.25
12 $623.13 $344.89 $278.24 $50,786.37
13 $623.13 $346.76 $276.36 $50,439.61
14 $623.13 $348.65 $274.48 $50,090.96
15 $623.13 $350.55 $272.58 $49,740.41
16 $623.13 $352.45 $270.67 $49,387.95
17 $623.13 $354.37 $268.75 $49,033.58
18 $623.13 $356.30 $266.82 $48,677.28
19 $623.13 $358.24 $264.89 $48,319.04
20 $623.13 $360.19 $262.94 $47,958.85
21 $623.13 $362.15 $260.98 $47,596.70
22 $623.13 $364.12 $259.01 $47,232.58
23 $623.13 $366.10 $257.02 $46,866.48
24 $623.13 $368.09 $255.03 $46,498.39
25 $623.13 $370.10 $253.03 $46,128.29
26 $623.13 $372.11 $251.01 $45,756.18
27 $623.13 $374.14 $248.99 $45,382.05
28 $623.13 $376.17 $246.95 $45,005.88
29 $623.13 $378.22 $244.91 $44,627.66
30 $623.13 $380.28 $242.85 $44,247.38
31 $623.13 $382.35 $240.78 $43,865.04
32 $623.13 $384.43 $238.70 $43,480.61
33 $623.13 $386.52 $236.61 $43,094.09
34 $623.13 $388.62 $234.50 $42,705.47
35 $623.13 $390.74 $232.39 $42,314.73
36 $623.13 $392.86 $230.26 $41,921.87
37 $623.13 $395.00 $228.12 $41,526.87
38 $623.13 $397.15 $225.98 $41,129.72
39 $623.13 $399.31 $223.81 $40,730.41
40 $623.13 $401.48 $221.64 $40,328.93
41 $623.13 $403.67 $219.46 $39,925.26
42 $623.13 $405.87 $217.26 $39,519.39
43 $623.13 $408.07 $215.05 $39,111.32
44 $623.13 $410.29 $212.83 $38,701.02
45 $623.13 $412.53 $210.60 $38,288.50
46 $623.13 $414.77 $208.35 $37,873.72
47 $623.13 $417.03 $206.10 $37,456.70
48 $623.13 $419.30 $203.83 $37,037.40
49 $623.13 $421.58 $201.55 $36,615.82
50 $623.13 $423.87 $199.25 $36,191.94
51 $623.13 $426.18 $196.94 $35,765.76
52 $623.13 $428.50 $194.63 $35,337.26
53 $623.13 $430.83 $192.29 $34,906.43
54 $623.13 $433.18 $189.95 $34,473.25
55 $623.13 $435.53 $187.59 $34,037.72
56 $623.13 $437.90 $185.22 $33,599.82
57 $623.13 $440.29 $182.84 $33,159.53
58 $623.13 $442.68 $180.44 $32,716.85
59 $623.13 $445.09 $178.03 $32,271.76
60 $623.13 $447.51 $175.61 $31,824.25
61 $623.13 $449.95 $173.18 $31,374.30
62 $623.13 $452.40 $170.73 $30,921.90
63 $623.13 $454.86 $168.27 $30,467.04
64 $623.13 $457.33 $165.79 $30,009.71
65 $623.13 $459.82 $163.30 $29,549.89
66 $623.13 $462.32 $160.80 $29,087.56
67 $623.13 $464.84 $158.28 $28,622.72
68 $623.13 $467.37 $155.76 $28,155.35
69 $623.13 $469.91 $153.21 $27,685.44
70 $623.13 $472.47 $150.65 $27,212.97
71 $623.13 $475.04 $148.08 $26,737.93
72 $623.13 $477.63 $145.50 $26,260.30
73 $623.13 $480.23 $142.90 $25,780.07
74 $623.13 $482.84 $140.29 $25,297.24
75 $623.13 $485.47 $137.66 $24,811.77
76 $623.13 $488.11 $135.02 $24,323.66
77 $623.13 $490.76 $132.36 $23,832.90
78 $623.13 $493.43 $129.69 $23,339.46
79 $623.13 $496.12 $127.01 $22,843.34
80 $623.13 $498.82 $124.31 $22,344.52
81 $623.13 $501.53 $121.59 $21,842.99
82 $623.13 $504.26 $118.86 $21,338.73
83 $623.13 $507.01 $116.12 $20,831.72
84 $623.13 $509.77 $113.36 $20,321.96
85 $623.13 $512.54 $110.59 $19,809.42
86 $623.13 $515.33 $107.80 $19,294.09
87 $623.13 $518.13 $104.99 $18,775.95
88 $623.13 $520.95 $102.17 $18,255.00
89 $623.13 $523.79 $99.34 $17,731.21
90 $623.13 $526.64 $96.49 $17,204.58
91 $623.13 $529.50 $93.62 $16,675.07
92 $623.13 $532.39 $90.74 $16,142.69
93 $623.13 $535.28 $87.84 $15,607.40
94 $623.13 $538.19 $84.93 $15,069.21
95 $623.13 $541.12 $82.00 $14,528.09
96 $623.13 $544.07 $79.06 $13,984.02
97 $623.13 $547.03 $76.10 $13,436.99
98 $623.13 $550.01 $73.12 $12,886.98
99 $623.13 $553.00 $70.13 $12,333.98
100 $623.13 $556.01 $67.12 $11,777.98
101 $623.13 $559.03 $64.09 $11,218.94
102 $623.13 $562.08 $61.05 $10,656.87
103 $623.13 $565.13 $57.99 $10,091.73
104 $623.13 $568.21 $54.92 $9,523.52
105 $623.13 $571.30 $51.82 $8,952.22
106 $623.13 $574.41 $48.72 $8,377.81
107 $623.13 $577.54 $45.59 $7,800.28
108 $623.13 $580.68 $42.45 $7,219.60
109 $623.13 $583.84 $39.29 $6,635.76
110 $623.13 $587.02 $36.11 $6,048.74
111 $623.13 $590.21 $32.92 $5,458.53
112 $623.13 $593.42 $29.70 $4,865.11
113 $623.13 $596.65 $26.47 $4,268.46
114 $623.13 $599.90 $23.23 $3,668.56
115 $623.13 $603.16 $19.96 $3,065.40
116 $623.13 $606.44 $16.68 $2,458.96
117 $623.13 $609.74 $13.38 $1,849.21
118 $623.13 $613.06 $10.06 $1,236.15
119 $623.13 $616.40 $6.73 $619.75
120 $623.13 $619.75 $3.37 $0.00