Loan Discount Analyzer:
Below are examples of the impact one repayment benefit, an interest rate reduction, has on the loan repayment term and amount. For a current calculation, using a specific loan amount, visit http://www.finaid.org/calculators/loandiscountanalyzer.phtml.
Estimated Savings - $31,000 loan without & with interest rate reduction:
Estimated Savings - $57,500 loan without & with interest rate reduction: