Hello! I have about 150,000 in Stafford loans (they are not Direct loans) which are going into repayment soon (10 years, a mix of variable and fixed rate loans). I wonder, if I am able to pay off part of the loan, will it reduce my monthly payment, or, will it just cut down on the # years (& total incurred interest) of repayment? I couldn't seem to find the answer on any website. Thank you so much!