I just graduated professional school and have ~400k in student loans. all of this is very overwhelming and im not sure where to start, what my options are or how to go about taking this all in. any advice/help in appreciated.
According to nslds, this is the loans i currently have:
| loan type | original principle | Current Principle | Current Interest Owed | interest rate | interest rate type | status |
|---|---|---|---|---|---|---|
| Direct Stafford unsubsidized | 40500 | 40500 | 1629.97 | 6 | fixed | grace |
| Direct Plus Graduate | 39381 | 39381 | 1849.11 | 7 | fixed | deferment |
| Direct Stafford unsubsidized | 40500 | 40500 | 3606.31 | 5.31 | fixed | grace |
| direct Plus Graduate | 40500 | 40500 | 4285.5 | 6.31 | fixed | deferment |
| direct Stafford unsubsidized | 40500 | 40500 | 6248.92 | 5.84 | fixed | grace |
| direct Plus Graduate | 45462 | 45462 | 8215.61 | 6.84 | fixed | deferement |
| federal perkins | 8000 | 0 | 5 | n/a | grace | |
| direct Stafford unsubsidized | 40500 | 40500 | 8164.26 | 5.41 | fixed | grace |
| direct plus graduate | 34595 | 34595 | 8263.07 | 6.41 | fixed | deferement |
| direct Stafford unsubsidized | 9737 | 13338.84 | 195.48 | 6.8 | fixed | in repayment |
| direct Stafford subsidized | 2763 | 2801.69 | 23.91 | 3.4 | fixed | in repayment |
| federal Perkins | 2000 | 0 | 5 | n/a | post deferment grace period | |
| direct consolidated subsidized | 3609.84 | 3578.67 | 77.02 | 6.55 | fixed | deferment |
| direct consolidated subsidized | 2105.77 | 2087.59 | 44.93 | 6.55 | fixed | deferment |
| direct Stafford subsidized | 5500 | 5483.07 | 46.77 | 3.4 | fixed | in repayment |
| direct Stafford unsubsidized | 2000 | 2848.01 | 41.74 | 6.8 | fixed | in repayment |
| direct Stafford subsidized | 5500 | 4404.64 | 61.75 | 5.6 | fixed | in repayment |
| direct Stafford unsubsidized | 2000 | 2273.99 | 33.32 | 6.8 | fixed | in repayment |
| FFEL Stafford unsubsidized | 2000 | 2559.84 | 37.52 | 6.8 | fixed | in repayment |
| FFEL Stafford subsidized | 5500 | 4462.62 | 67.01 | 6 | fixed | in repayment |
| FFEL Stafford subsidized | 4500 | 0 | 6.8 | fixed | "non-defaulted, paid in full through consolidation loan" | |
| FFEL Stafford subsidized | 2625 | 0 | 6.8 | fixed | "non-defaulted, paid in full through consolidation loan" |
with all these loans, i am a little lost as to where to start. the loans in repayment are from my undergrad. the loans in deferment/in grace will be in that status until around 11/2018. Navient does not show my perkins loans either. Anyone can offer any advice as to whether i should be paying off interest because im not sure if/when what loans will capitalize. just looking for general guidance, thank you.
Is there anything I should be doing before these loans are out of their grace of post grad deferment status?
Should I pay off the interest first or just pay down principle?
Submitted June 22, 2018 at 09:00AM by studentloan400 https://ift.tt/2tlxhuV
