Interest Rate

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fozzy40

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  1. Attending Physician
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I wanted to know what is the average interest rate on private medical loans. Thanks!
 
I can't say that I know the average, but there's this sight which is slightly behind the times, but whatever:
http://www.studentdoc.com/medical-school-loans.html

For me, my loans are at 6.8%, (Stafford), and have an extended loan as well around the same interest rate. Since I know I have extra and know I'll need money in the summer, I offset a tiny fraction of this by locking it up in a CD for 6 months. Sometimes it's kind of silly to have a credit card at 2.9% for life and student loans creeping up every year.

Anyway, I personally can't give you more info than that. 🙂

Caboose.
 
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