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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 3.65% -- 3.65%  
15 Y Fixed Graph 2.80% up 2.78%  
30 Y Fixed Jumbo Graph 3.99% up 3.97%  
5/1 ARM Graph 2.59% dw 2.60%  
5/1 Jumbo ARM Graph 2.99% up 2.97%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.99% dw 5.00%  
$50K HELOC Graph 4.56% -- 4.56%  
$30K Loan Graph 6.17% dw 6.19%  
$50K Loan Graph 5.97% dw 6.01%  
$75K Loan Graph 5.94% dw 5.97%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.29% -- 2.29%  
36 M Used Graph 2.88% dw 2.92%  
48 M New Graph 2.44% dw 2.45%  
48 M Used Graph 2.92% dw 2.97%  
60 M New Graph 2.53% dw 2.54%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.40% up 0.39%  
1 yr Graph 0.59% up 0.54%  
5 yr Graph 1.23% up 1.14%