The origination fee is added to the loan amount. All payment information provided by this calculator is an estimate only. All monthly payment figures, loan balances, and total cost figures are estimates based on data you provided on the data input screens. Your actual loan payments and estimated total payments may vary based on the type of loan, interest rate, loan term, your repayment habits, and availability of an interest-free monthly payment plan at your particular college or university. This calculator does not consider minimum monthly payment requirements and similar minimum borrowing requirements that may be applicable to the education loans presented.