consolidate, consolidate, consolidate. Pick a large servicer like sallie mae, get a consolidation loan, and lock in a low rate. They're also pretty flexible as far as payment plans go. You can get up to four years of interest only payments.
Student loan interest is usually indexed against certain treasury securities. The lower the prime rate, the lower interest rate you'll be able to lock in at that time. I think that it's less than 4% right now. Some of the lowest student loan rates in history right now.
As for how much your payment will be, my payment for 12 grand at 4.25% is right around $150/month - so you can kinda project your payment from that.
Good luck with all of it!
|