Monthly Payment

Total Paid

Interest Paid

How hard will it be to pay off my loan?

Percent of Monthly Earnings Toward Monthly Loan Repayment

As a rule of thumb, loan repayments become more difficult when they exceed 10% of income, and default risk begins to rise sharply when they exceed 12% of income.

  • 0–10%
  • 10–12%
  • 12%+

Share of Earnings to Repayment

Sum of Earnings over Term

To Loan Principal
To Loan Interest
Kept After Repayment