How much will I pay monthly for college?

Question

A little worried about college debt how much will i be paying monthly if I owe the amouts below plus the AVERAGE intrest rates, with the maximum amout of time that the bank will allow me to pay it off.(Like 30 years for example)

10,000

20,000

40,000

60,000

80,000

100,000

or

120,000

Answer 1

http://www.ed.gov/offices/OSFAP/DirectLo...

Use the calculator at this website to determine your payments.  "Average" interest is too vague.  On Stafford Loans the interest is 6.8%, but on alternative or private student loans, there really isn't an "average" rate.  Usually the lowest the interest starts on those is about 10% and it is a variable rate, so depending on what the economy does, it could be way more or way less by the time you start repayment.

Answer 2

go to bankrate.com

they have all kinds of calculators where you can put the interest rate in and length of time