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Wednesday, April 7, 2010 as of 11:14 AM ET

Tools & Calculators

What Are The Payments On A Parental (PLUS) Loan?

PLUS loans are low-interest federally insured loans for parents of undergraduate students to help pay a dependent student's college cost. PLUS loans are also available to graduate and professional students. The rate is fixed 8.5% for loans made on or after July 1, 2006.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.80% -- 3.80%  
15 Y Fixed Graph 3.09% dw 3.11%  
30 Y Fixed Jumbo Graph 4.38% -- 4.38%  
5/1 ARM Graph 2.65% dw 2.69%  
5/1 Jumbo ARM Graph 2.90% dw 2.94%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.59% dw 4.60%  
$50K HELOC Graph 4.24% -- 4.24%  
$30K Loan Graph 5.74% dw 5.77%  
$50K Loan Graph 5.45% dw 5.50%  
$75K Loan Graph 5.42% dw 5.47%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 3.11% dw 3.13%  
36 M Used Graph 4.34% dw 4.36%  
48 M New Graph 3.24% -- 3.24%  
48 M Used Graph 4.35% -- 4.35%  
60 M New Graph 3.35% up 3.34%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.46% -- 0.46%  
1 yr Graph 0.71% up 0.70%  
5 yr Graph 1.38% -- 1.38%