Estimating Your Monthly Payments | SCO - Optometry School
What's Next?

Your monthly payments after graduation can be estimated by consulting the table below.

Anticipated Borrowing

4%

5%

6%

7%

8%

8.25%

$  30,000

$303

$318

$333

$348

$364

$368

$  40,000

$404

$424

$444

$464

$485

$491

$  50,000

$505

$530

$555

$581

$607

$613

$  60,000

$606

$636

$666

$697

$728

$736

$  70,000

$707

$742

$777

$813

$849

$859

$  80,000

$808

$848

$888

$929

$971

$981

$  90,000

$909

$954

$999

$1,045

$1,092

$1,104

$100,000

$1,010

$1,060

$1,110

$1,161

$1,213

$1,227

$110,000

$1,111

$1,166

$1,221

$1,277

$1,335

$1,349

$120,000

$1,212

$1,272

$1,332

$1,393

$1,456

$1,472

$130,000

$1,313

$1,378

$1,443

$1,509

$1,577

$1,594

$140,000

$1,414

$1,484

$1,554

$1,626

$1,699

$1,717

$150,000

$1,515

$1,590

$1,665

$1,742

$1,820

$1,840

 

For amounts not listed in the table above, multiply the total amount you intend to borrow by the repayment factor listed below to find your estimated monthly payment.

Anticipated Borrowing

4%

5%

6%

7%

8%

8.25%

Repayment Factor

0.0101

0.0106

0.0111

0.0116

0.0121

0.0123

 

These monthly payments are based on the Standard Repayment Plan with a repayment of 10 years.