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@4.15% INTEREST In this case, that’s four point two five percent.

@4.25% INTEREST Now, entering your loan information into a loan consolidation calculator, you’ll find that consolidating your loans CONSOLIDATED LOAN REPAYMENT PLAN gives you a new repayment period, ,000 PRINCIPAL, 0, 25 YEARS which is figured based on the amount you owe– the more you owe, the longer this repayment period will be.

INCOME-BASED REPAYMENT Or if you run into a financial hardship and need short-term relief, you might consider deferment or forbearance.

CONSOLIDATING STUDENT LOANS Let’s take a look at a few of the pros and cons of consolidating your student loans.

CONSOLIDATING STUDENT LOANS If you have multiple student loans, STUDENT LOAN consolidation can offer some simplicity to your repayment.

Bank of America and/or its affiliates, and Khan Academy, assume no liability for any loss or damage resulting from one’s reliance on the material provided.

Please also note that such material is not updated regularly and that some of the information may not therefore be current.

0/MO That’s a lot less than the five hundred dollars a month STANDARD 10-YEAR REPAYMENT PLAN 0/MO you would have spent on a standard ten-year repayment plan.

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