Sallie Mae Loan Payment Calculator

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If you’re late on a student loan repayment, Sallie Mae charges a late fee of 5% of the amount due or $25 – whichever is less. Personal loans come with a flat $15 late fee. If a payment bounces, Sallie Mae charges a fee of $20 on its student loans and $25 on its personal loans. What do borrowers say about Sallie Mae?

Contents Loans entering principal Mae offers student loans Loan. simply enter earn bdt 35000 How to use this student loan payment amount estimator. For a new loan To calculate your student loan payments, enter the loan amount, anticipated interest rate, and length/term of the loan (how many years you have to pay it back).

APPLICANTS SHOULD CHECK THE SALLIE MAE WEBSITE CLOSE TO THEIR LOAN APPLICATION DATE AND AGAIN PRIOR TO DISBURSEMENT TO OBTAIN THE MOST UP-TO-DATE INFORMATION REGARDING PRODUCTS, SERVICES, AND BORROWER BENEFITS. The sallie mae smart option Student Loan is made by Sallie Mae Bank or a Sallie Mae lender partner.

Advertised APRs assume a $10,000 Smart Option Student loan to a freshman with no other Sallie Mae loans and a $10,000 Dental School Loan, law school loan, MBA Loan, Medical School Loan, Graduate School Loan, or Graduate School Loan for Health Professions to a first-year graduate.

Start your personal loan application. Enter your offer code. Your 10-digit code can be found on the letter or email we sent you.. Sallie Mae, the Sallie Mae logo, and other Sallie Mae names and logos are service marks or registered service marks of Sallie Mae Bank or its subsidiaries.

Loan group: If a borrower has multiple loans serviced by Sallie Mae, we may automatically put them in a loan group. Each loan group has its own billing statement that shows all of the loans within that group and will be designated by a 16-digit Loan Group Number.

Can anyone figure out how Sallie Mae comes up with its personal loan payment amount? Long Version. I have a friend who took out a personal loan with Sallie Mae, and their payment amount is higher than any math i can figure out. I looked over their Truth in Lending statement, and while it is very clear on everything you’ll pay: