<p>I have a quick question about just how much a Stafford loan will end up costing me.
Ive tried various calculator on the internet, and they dont take into account the fact that I will pay off this loan within one year of graduating nor that there are three disbursal period for my one 7500 unsubsidized Stafford loan. </p>
<p>Im really really confused. Can anybody show me just how the calculation works?</p>
<p>If I take out a 7500 stafford loan, and defer the interest payment for two years and after two years upon graduation I pay off the whole loan + interest +capitalization (interest on interest), within one year after I graduate (so three years after I first start taking out the loan, and the loan is disbursed October 1st of 2010, January 1st 2011, and March 1st 2011, by the time I pay it all off how much will it cost me?</p>
<p>What if I pay the interest off while in school? How much would the payment be per month? Does it take into account capitalization?</p>