Repayment Option Comparison Chart

This chart compares the "monthly payments" and the "estimated interest expenses" of the standard and graduated repayment plans using identical 10-year terms and an 8.25% interest rate. 

  Standard Repayment Option
 Graduated Repayment Option
 Amount Borrowed
 Monthly Payment for 10 Years
 Total Amount Repaid
 Monthly Payment for 10 Years
 Total Amount Repaid
$3,500

$4,500
 $40.41

$51.95		 $4849.20

$6234.00
    
$8,000

$10,000
 $100

$123
 $12,096

$14,718
 1st stage: $75 for 3 years
2nd stage: $125 for 3 years
3rd stage: $181 for 4 years

$15,888
$15,000
 $184
 $22,077
 1st stage: $135 for 3 years
2nd stage: $180 for 3 years
3rd stage: $250 for 4 years

$23,340 
$20,000
 $245
 $29,437
 1st stage: $185 for 3 years
2nd stage: $250 for 3 years
3rd stage: $318 for 4 years
 $30,905