How To Calculate Your Student Loan Monthly Payment

This video tutorial explains how to calculate your student loan monthly payment. It also discusses how to calculate the total interest that must be paid over the life of the loan.
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[@crossfordmax4181]

Using what i learn in college to see how much debt i am in from college...

[@edwinmichael5623]

Kind of an equilibrium state.

[@Edd-zq5my]

Love that the American college system is so fucked that my favorite online tutor has to put out videos about how to pay for your studies

[@Mr.descartes]

It’s great to learn this kind of topics.
Thanks a lot for sharing!

[@foosiyamaxamed9026]

You cant imagine how much respect i have to you

[@tringerjrcpa]

Thank you! Great helpful video!

[@Power-Consumer]

These videos are probably gonna be helpful for me in a few years.

[@daroachdawgjr]

Alternative title: how to calculate how sad you're going to be.
Mine is $1,300 per month of sadness.

[@alanpham9538]

What are you studying

[@merian_d]

😂

[@LiesNDeceit]

Bro is not only teaching me what I'm already learning in college but better, but also teaching me how much I'm going to pay for college.

[@kesienaesegine2466]

Great teaching.. Thank you

[@michaelcheverie7579]

Remember that in the United States this is non-dischargeable debt. In other words, you can't get rid of this debt by declaring bankruptcy. This debt stays with you for the rest of your life.

[@AS49]

I got a close answer but without using your method:
50,000 x (1.05^10) = total cost
Divide that by 12 (months) x 10 (years)
= 670 per month!

[@paulpitters2185]

Excellent video

[@orangeee6861]

Bro, you don't have idea how much I love you

[@orangeee6861]

no homo, just pure love bro

[@kerwinchadrick]

Lol

[@todd-bomb9853]

I feel personally attacked seeing this on my video feed, lol

[@merian_d]

$50,000 for 4 years? That’s good! My college right now is $45,000 for 4 years! I opted to pay interest only while in school. It’s a struggle, but it’s better that way. The principal doesn’t move and fixed rate. Hopefully, I made the right choice for my degree lol 😂

[@ghostshooterftw1338]

Thank you Im trying to avoid paying too much for college

[@codespeed116]

and this is kind of a personal attack!!
btw I appreciate your work: )

[@cabdirahmanjama6675]

Congratulation in 5m organic chemistry

[@sworin]

nice

[@palmbeach667]

Nice 👌👌👌👌..... this is very first comment on this video

[@charles9391]

Is this high yield on the mcat?

[@matthewevensom468]

Lmfao it should be. Also good luck! You can do it. 528 for sure

[@edwinmichael5623]

Convinced people commenting here before even watching the video lol

[@leonardc.punzalan2804]

Don't skip the ads guys

[@codespeed116]

I don't skip ads...cuz I have ad blocker

[@krislegends]

I thought student's loan was simple interest. The formula you have here doesn't look like that of simple interest.

[@raed9152]

Exactly

[@nerd2544]

good lord I thought this was a serious video on student loans but no its just a high school maths class 💀

[@beachwave5705]

*laughs in community college then going to a commuter school for comp sci* ive only paid 37 bucks for community college and have gotten 7000 in grants and got a free 1400 dollar pc

[@PRIST.A.C]

student loans are just 😅🤣😅🤣😂🤫🤫🤫🤫

[@ornessarhithfaeron3576]

lol

[@viloxy]

Laughs in European

[@outbackautowash1873]

Just dont go to school, invest in real estate and calculate how much better your life is with zero student debt and more money than you know what to do with.

[@WhateverIwannaupload]

Take notes take notes: education is not free when you want to get a job. Jobs that pay well cost money to enter. A $200k loan sounds like a med school loan... Paying $1.1k a month? And paying double the amount over the course of 30 years? Bro are you huffing your own farts fuck that L O L. Y'know that's not for me the way I talk about it and most people change their majors a bunch of times before they seriously commit and the worse part is some people seriously regret studying what they studied near the end of their higher education. Bro paying for these high level courses is for the rich. If you want money go get a trade job. Get a short career that doesn't cost a lot to get into. Get rich then say: hmm college sounds like a fun idea bc I am rich and bored so fuck it no? That's what I'm thinking this system is all about when money is involved.

[@SMD1999]

Trade jobs are brutal. You think being a plumber or welder is something you can do for 10-15 years without having it take a substantial toll on your mind/body.

[@alstonemwanzaiii]

Im the fifth viewr from Zambia.
This has really helped.
#AlstoneJr