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Bear
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Bear asked about a year ago in Student Loans

how much would my monthly payments be?

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Mark Kantrowitz
FiLife Contributor
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A good rule of thumb is that the monthly payments will be about 1% of the amount borrowed. (The actual percentage will vary depending on the loan term and the interest rate, but 1% is a good ballpark.)

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David R Hanson
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That depends on your loan amount and terms, Bear. Your lender or your paperwork should be able to clarify that for you.

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