On recommendation of one of the regular posters in this chat – thanks u/waterwicca – I used my backdoor loan data + a calculator to estimate/guesstimate my monthly costs under all the various plans… I was shocked to see that RAP was 1100+ a month and the 10 year repayment plan was almost 200 less month.
Does this sound right? If I opt for the 10 year regular repayment plan does that mean after 10 years my loan will be paid off?
Thank you!
sincerely,
still effing confused LOL
RAP more than a 10 year standard Plan!?
byu/lhcmaus inStudentLoans
Posted by lhcmaus