Class of 2018. Yay... :)
- Dec 19, 2013
- Reaction score
My husband, the best programmer ever just made me this tool. Extremely helpful in determining what it will be like calculating total loans based off of the Direct Plus and Direct Unsubsidized Loans and their respective interest rates. These windows can be edited for whichever amounts corresponding to whichever interest amounts as well. The control on bottom is where you put your monthly payment of how much you want to pay and you click go to see what will be like.
So for my loans: $280,000, at the end of 4 years my interest that has accrued while in dental school is:
$44,243 making my total loan amount by the end of d school to be: $322,790
This is an approximation because the double values were casted to integers therefore some dollars might have been lost in the process when you get rid of the cent values.
the middle column is the amount of interest per month your loan is accruing
assuming a $3,000 payment a month you will be paying $0 towards the principal since my original is $280,000.
Let me know what you guys think of it and private message me if you want it. I can dropbox it for you. This forum doesn't let me upload .exe