About Us Media Center Contact Us Site Map Privacy Policy
HOME BORROWERS - Students, Parents and Borrowers looking for loan information and resources including online applications, current interest rates and loan consolidation. LENDERS - Information and resources for Banks and Lending groups currently or wishing to partner with IDAPP. SCHOOLS - Information and resources for Schools currently or wishing to partner with IDAPP. WHAT'S NEW IDAPP BENEFITS LINKS FORMS Q & A
 
Apply for a Loan
View Account
View Interest Rates
Calculators
Forms Download
Loan Consolidation
Loan Repayment
Submit your Address, Phone, Name or Email changes
Survey


   

Cost of Deferment
This calculator provides an estimate for your interest owed on unsubsidized loans when your student loan is in deferment.

To calculate your interest costs, complete the entries below and click the "Calculate" button to calculate your estimated interest expense while in deferment. For calculating the cost of a forbearance use the Other field to enter your current interest rate. Click here to view current interest rates.

Length of Deferment / Forbearance
months

Yearly Interest Rate:
Stafford (Deferment currently 6.80 %)
PLUS (currently 8.50 %)
Other: %

Current Principal
dollars

Interest Cost of Deferment / Forbearance

 

Copyright 2008.  Illinois Designated Account Purchase Program A sponsor of College Zone