Gulf Coast Financial Associates

Student Loan Consolidation Calculator
To enter a loan, click the "Clear" button (if loan is selected in list), complete the "Balance" and "Interest Rate" fields in and click the "Add" button. To edit a loan, click on the desired loan in the list, make changes to the fields, and click the "Edit" button. To delete a loan from the list, click on the desired loan in the list and click the "Delete" button. Loan consolidation calculations only begin when combined entered loan balances are $10,000 or greater.
Enter / Change / Delete Loans		Loan Consolidation Summary
Loan balance		Number of loans
Interest Rate		Weighted interest rate
		Rate after rate reduction
Entered Loans		Total loan consolidation amount
		Maximum payoff period (years)
		Number of payments (months)

Repayment Plan

Monthly
Payment:
Year 1

Monthly
Payment:
Year 2

Monthly
Payment:
Years 3+

Total
# of
Pmts

Total
Interest
Cost

Bonus
# of Pmts
Saved

Bonus
Interest
Saved

Level

Two year graduated

Extended Level

Custom Level