Advantage Parent Loans

Tools

Calculator

Looking for an easy way to determine what your monthly payment and total interest paid will be on the loan amount you think you need to borrow?

Enter the loan amount, the interest rate, credit, repayment plan, and the number of months of schools left. The calculator will give you the monthly payment amount.

Enter your Current Loan

Loan Amount

The Loan Amount field must be filled with at least 1000 to compute.

How's your Credit?

Good

Repayment Plan

All Advantage Education Loans and Advantage Parent Loans use a repayment period of 10 years

Months of School

Months left in school must be between 6 months and 78 months.

Current Loan Representation

New Monthly Payment

$127.10

Total Interest Paid

$4,500

Total Paid

$12,400

Rates

Advantage Education Loan — Parent Borrowers

Repayment Plan Options	Fees	APR Rate Tiers * (All rates fixed for the life of the loan)
Repayment Plan Options	Fees	Excellent Credit	Good Credit	Fair Credit
Immediate Repayment principal and interest after final disbursement	0.00	3.75% - 4.70%	4.79% - 5.94%	5.19% - 6.34%
Interest Only interest only after final disbursement	0.00	4.49% - 5.14%	5.29% - 6.14%	5.99% - 6.59%
Deferred Repayment postponed until out of school for six months	0.00	5.39% - 5.74%	5.89% - 6.54%	6.59% - 6.99%

Rates are reduced even further when you take advantage of our autopay service!

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Advantage Loans are offered to students and their parents, as well as those who want to refinance their educational loans.

Disclosures

Advantage Parent Loan Forms

Comparison Charts

* APRs and quoted savings are representative samples for educational purposes only and may not reflect current or actual loan rate offers or available percentage rates. Your actual APR will depend upon your credit transactions and credit history and will be determined once a credit decision is made. Advantage Parent Loans have no application, origination, default, late or NSF fees.

Advantage Parent Loans are private loans. We recommend applying for all eligible grants and scholarships first. We reserve the right to modify or discontinue loan features or benefits or to discontinue loan programs at any time without notice. Rates vary based on the repayment plan you've selected, your credit history and other factors. Advantage Parent Loans are owned, managed, and serviced by KHESLC, a state-based, non-profit lender. We do not sell or subcontract our loans.