If your monthly student-loan payment exceeds the range of loan payments
listed below for your annual income, explore a flexible repayment option or loan
consolidation.
The following table is based on a rule-of-thumb that student-loan
payments should not exceed 8 percent to 10 percent of a borrower's gross
monthly payments. Your own maximum-affordable monthly loan payment may differ,
especially if you owe other debts or experience other unusual financial circumstances. Regardless of the
maximum-affordable payment, you should borrow only what you need to cover your educational
expenses.
| $15,000 |
$100 - $125 |
| $20,000 |
$133 - $167 |
| $25,000 |
$167 - $208 |
| $30,000 |
$200 - $250 |
| $35,000 |
$233 - $292 |
| $40,000 |
$267 - $333 |
| $45,000 |
$300 - $375 |
| $50,000 |
$333 - $417 |
| $75,000 |
$500 - $625 |
| $100,000 |
$667 - $833 |