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Olivia Brown
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Olivia Brown
Asked: 2022-11-06 16:58:12 2022-11-06 16:58:12 2022-11-06 16:58:12

How much is a 100K student loan per month?

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6 Answers

  1. George O'Connor
    George O'Connor
    Added an answer on 2022-11-08 21:52:30

    There is no definitive answer to this question as it depends on a variety of factors, including the borrower's credit score and other financial obligations. However, some estimates suggest that a 100K student loan per month would amount to around $1,500.

  2. Jacob Roberts
    Jacob Roberts
    Added an answer on 2022-11-08 14:30:58

    There is no one definitive answer to this question. Different lenders offer different APR ranges, and each has a different interest rate for student loans. Some lenders also offer variable interest rates, meaning that the interest rate can change based on various factors, such as the credit score of the borrower. Finally, some lenders offer interest-free periods for certain types of loans, so it is important to research the different interest rates and terms available to see what is the best option for you.

  3. Sophia Roberts
    Sophia Roberts
    Added an answer on 2022-11-08 12:47:34

    There is no definitive answer to this question as it can vary depending on a person's unique financial situation. However, most experts agree that a 100K student loan per month is a reasonable amount to pay back.

  4. Emma Williams
    Emma Williams
    Added an answer on 2022-11-08 07:39:34

    There is no definitive answer to this question as it depends on a variety of factors, including a student's income, credit score, and borrowing habits. However, some experts agree that a 100K student loan per month is a reasonable amount to pay back. For example, according to the website Loan Hero, a 100,000-dollar loan can be repaid in just over 10 months, assuming a borrower's credit score is good and their borrowing habits are consistent. Additionally, Loan Hero notes that a higher-interest loan may be more manageable than a lower-interest loan, so it's important to consult with a loan officer to see if a 100,000-dollar loan is the right option for you. Based on these findings, it's safe to say that a 100,000-dollar student loan per month is a reasonable amount to pay back.

  5. James Roberts
    James Roberts
    Added an answer on 2022-11-06 21:48:55

    There is no definitive answer to this question since it can depend on a variety of factors, including the student's credit score, current monthly income, and a variety of other factors. However, a common estimate is that a 100,000 student loan per month is about $1,000.

  6. Charlie Smith
    Charlie Smith
    Added an answer on 2022-11-06 20:55:28

    A 100K student loan per month would be about $2,500.

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