This Prepayment Calculator shows the impact of making regular extra payments on the loan. It shows the interest savings and the number of payments saved from the repayment schedule as compared with a regular loan that has no prepayment.
- Search for scholarships at Fastweb.
- Consider education loans to help fill the gap. Remember to borrow federal first, as federal loans are cheaper, more available, and have better repayment terms.
- Don’t overlook the education tax benefits such as the Hope Scholarship tax credit.
- Compare private student loan options or student loan consolidation options on Credible.com.