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What is a federal Direct Loan? – A federal Direct Loan is a federal student loan made directly by the U.S. Department of Education. Generally, if you took out a federal student loan or consolidated your loans on or after July 1, 2010, you have a federal Direct Loan.
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FinAid | Calculators | Loan Calculator – This loan calculator assumes that the interest rate remains constant throughout the life of the loan. The Federal Stafford Loan has a fixed interest rate of 6.8% and the Federal PLUS loan has a fixed rate of 7.9%.
Personal Loan Calculator | Bankrate.com – Bankrate’s personal loan calculator figures monthly loan payments, and shows impacts of extra payments on an amortization table schedule.
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